Examlex
Average is to _____ as most frequent is to _____.
One-Column Purchases Journal
A simplified accounting ledger that records only the purchases of goods and services in a single column, typically for small businesses or specific types of transactions.
General Ledger
The primary accounting record of a company that contains all the account balances needed to prepare financial statements.
Accounts Payable
Liabilities owed by a business to its suppliers or vendors for goods and services received but not yet paid for.
General Ledger
A comprehensive set of accounts that records all financial transactions of a business, organized by account.
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