The general ledger is used to record the details of each transaction.The general journal is used to update each account.
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Q46: When a company receives a product previously
Q47: A transaction should be recorded when title
Q48: All sales transactions generate immediate cash.
Q49: In the general journal,the year appears on
Q50: Purchase requests and purchase orders are economic
Q52: The cost principle relates most closely to
Q53: Another name for the ledger is the
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