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Brad was having difficulty finding time to study. He went to a counselor and they talked about Brad's perceptions of his study habits. The counselor emphasized that it was Brad's decision about whether and when to study. She stressed that Brad was a resourceful person and would be able to solve his study problem. Brad's counselor was demonstrating the __________ approach.
General Journal
A primary accounting record used to record all types of transactions before they are posted to individual accounts in the general ledger.
Specialized Journals
Accounting books or ledgers used to record and track transactions of a specific type, such as sales or purchases, separately from the general ledger for greater efficiency and accuracy.
Accounting System
An Accounting System is a structured process of collecting, recording, summarizing, and reporting financial transactions of a business or organization to provide accurate financial statements.
Collecting
The process of gathering or accumulating items or the act of receiving payments owed to a business.
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