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General Ledger
A comprehensive record of a company's financial transactions over the life of the organization.
Journalizing Errors
Mistakes made during the recording of transactions in the accounting journals.
Computerized Accounting System
An application or software used for recording and processing accounting transactions within functional modules such as accounts payable, accounts receivable, and payroll.
Incorrect Account
An accounting error where a transaction is recorded in the wrong account, potentially misleading financial statements.
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