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There Are Two Major Types of Sample Plans: ________ and ________

question 85

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There are two major types of sample plans: ________ and ________.


Definitions:

Ledger

A comprehensive record of all financial transactions that occur in a business, serving as the principal book for accounting and analysis.

Chart of Accounts

A systematic list of all account titles and numbers being used by a company to organize its financial transactions and to prepare financial statements.

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