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Journalized Transactions
The formal recording of financial transactions in the accounting journals as part of the double-entry bookkeeping system.
Ledger Accounts
Records within a ledger that show the transaction history and current balance of each account.
Owner's Drawings Account
An account that tracks the amount of money a business owner withdraws from the company for personal use.
Revenue Accounts
Accounts that record the income generated by a company from its normal business operations or activities.
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