4/The business is prepared the journal entries, ledger accounts and trail balance based on the inputs given. How would you describe this from the below mentioned items? a. None b. Processing c. Output d. Input

4/The business is prepared the journal entries, ledger accounts and trail balance based on the inputs given. How would you describe this from the below mentioned items? a. None b. Processing c. Output d. Input

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter3: The General Journal And The General Ledger

Section: Chapter Questions

Problem 2QY: Transferring information from the journal to the ledger is called a. preparing the financial...

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Definition Definition Method of recording financial transactions in the book of original entry by debiting and crediting the accounts affected by a transaction using the golden rules of accrual accounting.

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