Examlex
Part of the SPSS output for data collected in the research (Q1) is below. Which of the following statements best summarizes the output?
Posting
The process of recording financial transactions in the accounting books, such as a ledger or journal.
Source Documents
Original records that contain the details necessary to support the transactions entered in an accounting system, such as invoices, receipts, or contracts.
Ledger
A ledger is a comprehensive collection of a company's financial transactions, organized by account, during an accounting period.
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