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What is the major product for the following reaction?
Transaction Data
Information collected about each specific activity that takes place within a business, which can be used for various financial and management analysis purposes.
Journal
A daily record of financial transactions, providing a detailed account of all entries for each transaction.
Chart of Accounts
An organized list of all ledger account titles and numbers used by a company, serving as a framework for the recording of financial transactions.
Asset Accounts
Accounts that track the value of the resources owned by a business, which can include cash, inventory, equipment, and real estate.
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