Examlex
Which of the following two organizations were conceived to promote development after World War II and to avoid a repetition of the disastrous economic policies that contributed to the Great Depression?
Equity
The value of an ownership interest in property, including shareholders' equity in a corporation.
Journal
A Journal in accounting is the initial record where financial transactions are entered before they are posted to accounts in the ledger, serving as the primary point of documentation for business activities.
Transactions
Business events that involve the exchange of goods, services, or funds, which impact a company's financial statements.
Ledger
A book or collection of financial accounts where transactions are recorded.
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