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According to the working memory model developed by British psychologist Alan Baddeley, the "phonological loop":
Subsidiary Ledger
A detailed ledger that provides a breakdown of individual accounts receivable, accounts payable, or other account categories that together constitute a general ledger account.
General Ledger
A comprehensive ledger containing every financial transaction throughout a company's existence.
Special Journal
A ledger used in accounting to record and categorize similar types of transactions for efficiency.
Special Journal
A specialized accounting journal dedicated to recording a specific type of transaction, such as sales or purchases, for efficiency.
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