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Legend says that Archimedes, in determining whether or not the king's crown was made of pure gold, measured its volume by the water displacement method. If the density of gold is 19.3 g/cm3, and the crown's mass is 440 g, what volume would be necessary to prove that it is pure gold?
Posting Process
The act of transferring entries from the journal to the ledger accounts in bookkeeping.
Subsidiary Ledger
A detailed ledger that contains all the transaction details of a specific account, which are then summarized in the general ledger.
Control Account
An account in the general ledger that summarizes the balances of a group of related accounts to keep the general ledger streamlined and manageable.
Control Accounts
Summary accounts in the general ledger that consolidate the details recorded in subsidiary ledgers.
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