Examlex
Which one of the following pairs is mismatched
Accounting Process
A series of procedures and steps taken for the purpose of accounting, including recording, classifying, and summarizing financial transactions.
Accounting Equation
The foundational principle of accounting, stating that assets equal liabilities plus equity.
Source Documents
Original records that contain the details of a business transaction, such as invoices, receipts, and contracts.
Ledger Accounts
Accounts recorded in a ledger, representing a record of the financial transactions by type, whether it's assets, liabilities, equity, income, or expenses.
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