Why Have Less-Developed Countries Had Such Difficulty in Building Effective

question 11

Essay

Why have less-developed countries had such difficulty in building effective states? What particular roles do ethnic and national identities contribute to this difficulty?

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Definitions:

Special Journals

Customized accounting journals used for recording and categorizing specific types of financial transactions.

General Journal

A comprehensive listing of a company's financial transactions, used as the primary record for posting to individual accounts.

Adjusting Entry

An accounting entry made to update the accounts and ensure accurate financial reporting at the end of an accounting period.

General Journal

The general journal is an initial record where all transactions are first entered in accounting, using a double-entry system before posting to individual accounts.