Examlex
Practitioners must have a clear understanding of ______________ and have a sense of the expected outcomes of their interventions.
General Ledger
A comprehensive record of all financial transactions that occur within a company, used to compile financial statements.
Posting
The procedure of transferring journal entries to the ledger accounts.
Adjusting Entries
Journal entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
General Journal
A primary accounting record used to record all types of transactions, including adjustments, in chronological order.
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