Examlex
Which of the following is not a basic type of process structure?
Sales Journal
A specialized journal used to record all of a company's sales on credit.
Controlling Account
A general ledger account that summarizes the total balances of several subsidiary accounts, providing an overview and facilitating reconciliation.
Subsidiary Ledger
A detailed ledger that contains the individual accounts related to a specific main account in the general ledger, used to organize and manage specific types of transactions.
Financial Statement
Reports that convey the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.
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