_____________ Cleansing or Scrubbing Is the Process That Weeds Out

question 29

Short Answer

_____________ cleansing or scrubbing is the process that weeds out and fixes or discards inconsistent,incorrect,or incomplete information.

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Definitions:

Compound Journal Entry

A journal entry that includes multiple debits, credits, or both, affecting more than two accounts.

Accounts

Records of financial transactions pertaining to specific assets, liabilities, equity, revenues, and expenses within an organization.

Compound Entry

A type of journal entry in accounting that involves more than two accounts, with multiple debits, credits, or both.

Journalizing

The process of recording business transactions in the journal of accounting as part of the double-entry bookkeeping system.