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Douglas McGregor described two very different sets of managerial attitudes about employees, which he called
Primary Ledger
The main accounting record of a company that uses double-entry bookkeeping, which contains all the financial transactions.
General Ledger
A complete record of all financial transactions over the life of a company, organized by accounts.
Income Statement
A financial statement that summarizes revenues, expenses, and profits or losses of a business for a specific period.
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