A Company's Ledger Is

question 249

Multiple Choice

A company's ledger is:

• A)A record containing increases and decreases in a specific asset,liability,equity,revenue,or expense item.
• B)A journal in which transactions are first recorded.
• C)A collection of documents that describe transactions and events entering the accounting process.
• D)A list of all identification numbers used by the company.
• E)A record containing all accounts and their balances used by the company.

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Definitions:

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Duplexer

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Unusual or unrecognizable symbols or glyphs that appear in text, often due to encoding errors.