The General Ledger

question 65

Multiple Choice

The general ledger

• A) is the initial place to record general expenses.
• B) is posted in total to the general journal.
• C) only includes balance sheet accounts.
• D) summarizes the transactions in journals.

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Definitions:

Distribution

Distribution involves the process by which goods or services are made available to consumers through a supply chain, including warehousing, transportation, and retailing.