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Telling a humorous story as part of the introduction is valuable to the speaker if:
Subsidiary Ledgers
Detailed ledgers that contain information supporting accounts listed in the general ledger, such as accounts receivable or inventory details.
Manual Accounting System
An accounting system in which records are maintained by hand without the use of computer systems.
Chart of Accounts
A systematic listing of all accounts used in the general ledger of an organization, categorized by assets, liabilities, equity, revenue, and expenses.
Two-column Journal
A type of accounting journal that consists of two columns, typically one for debits and one for credits.
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