Examlex
Which of the following solutions will have the highest electrical conductivity?
Journal Entry
A record in the books of accounts that represents a transaction and its effect on various accounts.
Posting References
Identifiers used in accounting to link journal entries to the corresponding ledger accounts for audit trails and record-keeping accuracy.
Transaction
An agreement or communication carried out between two or more parties that results in the exchange of value, such as the purchase or sale of goods or services.
Posting Reference Columns
Columns in a journal entry that help in transferring information to, and tracking from, the corresponding ledger accounts for audit trail purposes.
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