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Legacy systems are still used because they
Correcting Entry
A correcting entry in accounting is a journal entry made to amend a previously recorded error in the financial statements.
Special Journal
A special journal is an accounting journal dedicated to recording transactions of a similar type, improving efficiency and organization.
General Journal
A comprehensive record where all financial transactions of a business are initially recorded.
Sales Journal
A specialized journal used to record and track all sales of merchandise on credit, detailing each sale's customer name, date, and amount.
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