Examlex
The ratio of the amount of ink used in a table or chart that is necessary to convey information to the total amount of ink used in the table and chart is known as data-ink ratio. Using additional ink that is not necessary to convey information has what effect on the data-ink ratio?
Ledger Accounts
Individual records within the general ledger that show the transactions and balances for each accounting period, relating to specific assets, liabilities, equity, revenues, and expenses.
Recording
The process of documenting financial transactions in the accounting records of a business.
Journal
A detailed record where all financial transactions of a business are initially recorded before summarizing them into ledgers.
Journalizing
The process of recording transactions in a journal or diary in chronological order before they are posted to ledgers.
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