Examlex
Which statement about the results of the four post-apartheid elections is NOT correct?
General Journal
A basic accounting record where all types of transactions are initially recorded before being posted to specific accounts in the general ledger.
General Ledger
A complete record of all financial transactions over the life of a company.
Debit Balances
Accounts on the left-hand side of a double-entry bookkeeping system that typically signify assets or expenses.
Permanent Account
An account that carries its ending balance over from one accounting period to the next, such as assets, liabilities, and equity accounts.
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