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A CD-RW drive can be used to record CDs, but not play audio CDs.
Balance Column Journal
A type of accounting record that includes columns for recording dates, details of transactions, and corresponding debit or credit balances.
Trial Balance
A bookkeeping report that lists the balances of all ledgers accounts to check the mathematical accuracy of the accounting entries.
Posting
The process of transferring accounting entries from the journal to the ledger accounts.
Account
A record summarizing all transactions related to a particular item in the financial statements.
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