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What factors create a foreign exchange gain?
Ledger
A book or other collection of financial accounts of a particular type or for a specific purpose in accounting.
Journal
A formal record where all financial transactions of a business are initially recorded, date-wise, before being posted to the general ledger.
Trial Balance
A statement that lists all the balances of the general ledger accounts of a business at a particular time to check the correctness of double-entry bookkeeping.
Ledger Balance
The total balance of all accounts in a ledger at a particular point in time, reflecting the current financial position.
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