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Agatha has worked for ten years in the public relations department of a large firm. She has been promoted to several higher paying managerial positions, but never to an executive position, even though she has directed several successful projects for the firm. Her lack of promotion most likely illustrates ________.
Special Journal
A journal used in accounting to record transactions of a similar type.
General Journal
A primary accounting journal where all types of transactions are initially recorded before being posted to specific accounts in the ledger.
Subsidiary Ledger
A detailed ledger that provides a breakdown of individual transactions affecting a control account in the general ledger, such as accounts receivable or accounts payable.
General Ledger
The master set of accounts that summarize all transactions occurring within an entity, serving as the main accounting record.
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