Examlex
Copies of teaching materials should be available in other __________ when possible.
Account
A record in the general ledger that is used to collect and store debit and credit transactions.
Flow Of Accounting Data
The process by which financial information moves through an organization's accounting system to be documented and reported.
Ledger
A comprehensive collection of all accounts used by an organization, recording all financial transactions through debits and credits.
Journal
A record where all financial transactions are initially documented in chronological order before being transferred to accounts in the general ledger.
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