In a computerized accounting system, master files represent journals in a paper-based system.
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Q83: Identify four typical open files in a
Q84: Discuss the significant similarities between paper-based accounting
Q85: Compare batch versus real-time posting.
Q86: Explain the difference in a special journal
Q87: Explain the difference in a general ledger
Q89: Each control account in the general ledger
Q90: The balance sheet reports the profitability of
Q91: Identify and describe the four types of
Q92: List at least three of the six
Q93: Compare batch versus real-time posting. List one
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