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What does the Triple Bottom Line include?
Salaries Expense
The total amount paid to employees for services rendered during a specific period, recognized in the accounting period in which the employees performed the services.
Posting Reference
An identifier or code that links journal entries to the relevant accounts in the general ledger, facilitating tracking and auditing.
Journal
A record where all of a company's financial transactions are initially documented in chronological order.
Posting Process
The act of transferring journal entries to their respective accounts in the ledger.
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