Examlex
Layla and Gregory are both 4 years old and playmates at the same daycare center.Which of the following best describes their relationship?
Trial Balance
A trial balance is a bookkeeping report that lists the balances in each of an organization's general ledger accounts.
General Ledger
A complete record of all financial transactions over the life of a company, serving as the primary source for generating financial statements.
Entire Group
This term signifies the collective entirety of a set of items, individuals, or entities being considered as a whole.
Account
A record summarizing all transactions related to a particular item or person in financial accounting.
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