Instead of Typing in the Date, Using the Day Planner

question 73

True/False

Instead of typing in the date, using the day planner allows you to avoid potential errors due to typing mistakes. _________________________

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Definitions:

General Journal

The most basic form of journal.

Subsidiary Ledger

A Subsidiary Ledger is a set of accounts that provides detailed information to support a general ledger account, such as detailed customer or vendor transactions supporting the accounts receivable or payable balances.

Electronic Accounting Systems

Digital systems that manage and process financial transactions and accounting tasks through specialized software.

Manual Accounting Systems

Traditional systems of accounting that use physical ledgers and books to record financial transactions manually.