Essay
Several terms which represent components of an accounting system are listed below.For each term,write a brief explanation of how that component is used in the accounting cycle.
A) Accounts
B) Chait of Accounts
C) Double-entry system with debits and credits
D) Jounal
E) General Ledger
F) Trial Balance
Correct Answer:
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A) An account is a re cord used to accum...View Answer
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Correct Answer:
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