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The Explanation for a Transaction in the General Journal in a Manual

question 78

True/False

The explanation for a transaction in the general journal in a manual system is indented under the credit part of the entry.


Definitions:

Ngo Dinh Diem

The first president of South Vietnam, serving from 1955 until his assassination in 1963, known for his autocratic rule.

Strategy of Attrition

A military strategy aiming to wear down the enemy to the point of collapse through continuous losses in personnel and material.

Free Fire Zones

Areas designated during armed conflict where any person encountered can be shot on sight, typically used to denote enemy-controlled areas where combatants may assume anyone to be hostile.

Détente

A period of improved relations between the United States and the Soviet Union during the Cold War, marked by the signing of treaties and a reduction in hostility.

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