​Transmitting Data in a Telegraph System Used the _______ Alphabet

question 34

Short Answer

​Transmitting data in a telegraph system used the _______ alphabet, a binary encoding system based on dots and dashes.

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Definitions:

Adjusted Trial Balance

A listing of all company accounts that will appear in the financial statements after making adjusting entries.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, thereby preparing the company's books for the next accounting period.

Adjusted Balances

Financial statement figures corrected for errors, omissions, or other adjustments as part of the reconciliation process.

Closing Entries

Entries recorded at the close of an accounting cycle to move balances from temporary to permanent accounts, thus preparing the temporary accounts for the upcoming period.