Examlex
What are the three components of classical capitalism?
Posting Process
The accounting procedure of transferring journal entry information to the ledger to update account balances.
General Ledger
The General Ledger is a complete record of all financial transactions over the life of a company, organized by accounts.
Sales Journal
is a specialized accounting journal used to record all sales transactions of a business on credit.
Merchandise
Goods or products that are bought and sold by businesses.
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