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Which of the Following Classifications Will Not Appear in the Annual

question 23

Multiple Choice

Which of the following classifications will not appear in the annual budget for a General Fund?


Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.

General Ledger

A comprehensive record of all financial transactions that occur within a business, sorted by account.

T-account

A graphical representation of a ledger account that outlines the effects of transactions on a specific account, used in double-entry bookkeeping.

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