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Establish the identity.
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General Journal
A comprehensive record of all financial transactions of a company, listed in chronological order.
Correcting Entry
A correcting entry in accounting is a journal entry made to amend a previously recorded error in the financial statements.
Special Journal
A special journal is an accounting journal dedicated to recording transactions of a similar type, improving efficiency and organization.
General Journal
A comprehensive record where all financial transactions of a business are initially recorded.
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