When Using Either a Bulleted or Numbered List, You Should

question 42

True/False

When using either a bulleted or numbered list, you should always follow each idea with end punctuation.

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Definitions:

Adjusting Entry

Journal entries made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Transposition

The error of switching the order of digits in numbers, often leading to inaccuracies in financial or data records.

General Ledger

A comprehensive record of all financial transactions over the life of a company, used to prepare financial statements.