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A water-filled paper cup held in a flame will not catch fire. This is because
Ledger
A comprehensive collection of all accounts used by an organization, summarizing all transactions occurring within an accounting period.
Account Balances
The amount of money in a financial repository at any given moment, reflecting the net of debits and credits over time.
Documentation
Written or digital materials that provide official information or evidence regarding processes, transactions, or systems.
Journalizing
The process of recording transactions in a journal so that their effects are reflected in the accounting records.
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