Examlex
Select the answer that expresses the result of this calculation with the correct number of significant figures.
Chart of Accounts
An organized list of all accounts in a business entity's financial records, each with a unique identifier.
Journal Entry
A record in accounting that represents a transaction in the general ledger, where each transaction is recorded with both a debit and a credit.
Posting References
The notations used in accounting to link journal entries to the corresponding ledger accounts, facilitating tracking and auditing.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that the total debits equal the total credits in the financial statements.
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