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    Exam 2: The Balance Sheet
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    A(n)________ Is a Collection of Records That Summarizes the Effects
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A(n)________ Is a Collection of Records That Summarizes the Effects

Question 201

Question 201

Multiple Choice

A(n) ________ is a collection of records that summarizes the effects of multiple transactions whereas a(n) ________ is a record of each day's transactions.


A) ledger;journal
B) journal;ledger
C) trial balance;journal
D) trial balance;ledger

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