The general ledger is kept to supply management with desired information in summary form.
Correct Answer:
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Q26: The process of copying the debits and
Q27: The flow of financial data through the
Q28: After posting journal information to the ledger
Q29: The chart of accounts includes assets,liabilities,and owner's
Q30: Transactions which do not affect the cash
Q32: No entries are made in the Posting
Q33: When entering titles of accounts in the
Q34: Firms are more likely to use a
Q35: In some cases,erasures are better for corrections
Q36: Source documents provide the input for the
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