Examlex
Which of the following is a good example of an obsession?
Journal
A comprehensive record of all financial transactions of a business, listed in chronological order.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.
Transactions
Financial activities that involve the exchange of assets, services, or liabilities between two parties.
Ledger
An accounting book or computer file for recording and totaling economic transactions measured in terms of a monetary unit and categorized by account type.
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