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The Post Reference Columns Are Used to Trace Transactions from the Journal

question 108

Multiple Choice

The post reference columns are used to trace transactions from the journal to the accounts. What will be posted on the post reference column of (a) the journal and (b) on the account?


Definitions:

Social Costs

The negative societal impacts or burdens resulting from particular actions, policies, or economic activities, affecting the welfare of a community or society.

Judicial Discretion

The power and flexibility granted to judges to make decisions based on their judgement and interpretation of the law.

LPRs

Legal Permanent Residents; people who have been granted authorization to live and work in a country permanently but are not citizens.

Truthful

Being honest or accurate in representation or expression; not lying, cheating, or deceiving.

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