Examlex
Which of the following is a report for internal use only?
T-Account
A graphical representation of a ledger account, showing two sides for debits and credits, used in accounting.
Ledger Account
A record that keeps track of all the financial transactions pertaining to a specific account, forming part of the general ledger.
Transactions
The actions carried out between two or more parties that involve the exchange of goods, services, or financial assets.
Accounts Payable
Liabilities or money owed to suppliers or creditors for goods and services received but not yet paid for.
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