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    Financial and Managerial Accounting Study Set 8
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    Exam 3: The Accounting Cycle: Capturing Economic Events
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    Ledger Accounts Are Updated First,and Then Transactions Are Recorded in the Journal
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Ledger Accounts Are Updated First,and Then Transactions Are Recorded in the Journal

Question 142

Question 142

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Ledger accounts are updated first,and then transactions are recorded in the journal.

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