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A Company's Ledger Is

Question 44

Multiple Choice

A company's ledger is:


A) A record containing increases and decreases in a specific asset,liability,equity,revenue,or expense item.
B) A journal in which transactions are first recorded.
C) A collection of documents that describe transactions and events entering the accounting process.
D) A list of all accounts a company uses with an assigned identification number.
E) A record containing all accounts and their balances used by the company.

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