The Account Titles Used in Journalizing Transactions Need Not Be

question 159

True/False

The account titles used in journalizing transactions need not be identical to the account titles in the ledger.

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Definitions:

Interpersonal Relationships

Connections and interactions between two or more people, often based on emotional or social bonds.

Common Sense

Practical judgement concerning everyday matters, or a basic ability to perceive, understand, and judge things shared by nearly all people.

Learned System

A body of knowledge or behaviors acquired through experience or education rather than being instinctual.

Beliefs

Convictions or acceptances that something exists or is true, especially without proof.