Examlex
Perform the indicated operation. Where possible, reduce the answer to its lowest terms.
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T-account
A graphical representation of a ledger account that is used for educating and understanding accounting.
Transaction Date
The exact date on which a financial transaction occurred or was executed.
General Journal
A primary accounting record used to record financial transactions that cannot be processed in specialized journals, documenting the full detail of each transaction.
Chart of Accounts
The chart of accounts is a systematic listing of all account titles and numbers used in a company's accounting system, facilitating organization and financial reporting.
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