General journal for special transactions

Steps:

• Identify transactions typically recorded in the general journal: those not handled by special journals like sales, purchases, cash receipts, or payments.
• Review each item: 1 involves a non-routine adjusting entry (e.g., depreciation), requiring general journal; 2 is a routine sale, uses sales journal; 3 is a cash payment, uses cash disbursements journal; 4 is an accrual entry, requires general journal.
• Match to choices: Items 1 and 4 fit general journal criteria.
• Confirm: No special journal applies to 1 or 4.

Why B is correct:

• General journal records adjusting and closing entries per accounting principles, covering items 1 (adjustment) and 4 (accrual).

Why the others are wrong:

• A: Item 2 uses sales journal, not general.
• C: Items 2 and 3 use special journals.
• D: Item 3 uses cash journal, not general.

Not enough information on exact items, but based on standard accounting.

Final answer: B