Please Define the Following Key Terms

question 18

Short Answer

Please define the following key terms
-Duma

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Definitions:

Employee Individual Earnings Record

The Employee Individual Earnings Record is a document or system that tracks the earnings and deductions of individual employees over time for payroll purposes.

General Journal

A primary accounting record used to record all types of financial transactions in chronological order.

General Ledger

A comprehensive record of all financial transactions within a company, used to compile financial statements.