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Jake,a survivor of the devastation imposed by hurricane Harvey when it hit Rockport,Texas,witnessed his friends being severely injured or killed when the hurricane struck.He is now suffering from PTSD.Jake was not much of a drinker before the hurricane devastated his home and took his friends' lives,but now,he frequently drinks alone at night.To what might this be related?
Subsidiary Ledger
A subsidiary ledger is a detailed ledger that contains account information related to a specific subsidiary account, which is then summarized in a general ledger.
General Ledger
A full archive of all monetary dealings across the duration of a company's history.
Posting References
Codes or numbers in accounting that link journal entries to specific accounts in the ledger, aiding in traceability and audit trails.
Vertical Analysis
A method of financial statement analysis in which each line item is listed as a percentage of a base figure within the statement.
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