A two-column journal has only two amount columns-one for the amount of the entry and one for the running balance.
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Q18: The purpose of a trial balance is
Q19: The main advantage of a two-column account
Q20: The chart of accounts includes the account
Q21: Entering the account number in the Posting
Q22: Each entry in the journal affects two
Q24: An erasure may suggest that you are
Q25: A trial balance can only be accurately
Q26: The process of copying the debits and
Q27: The flow of financial data through the
Q28: After posting journal information to the ledger
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