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QuestionAnswer
ledger A group of accounts
general ledger A ledger that contains all accounts needed to prepare financial statements
account number The number assigned to an account
maintenance The procedure for arranging accounts in a Gereral ledger, assigning account numbers, and keeping records currents
opening an xacount Writing an account title and number on the heading of an account
posting Transferring information from a journal entry to a ledger accounts
correcting entry A journal entry made to correct an error in the ledger
Created by: Gio1588
Popular Accounting sets

 

 



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