Transactions are entered in the ledger accounts and then transferred to journals.
Correct Answer:
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Q77: The ledger accounts should be arranged in
A)chronological
Q78: A trial balance may balance even when
Q79: The chart of accounts is a
A)list of
Q80: Under a double-entry system, show how the
Q81: A new account is opened for each
Q83: The journal provides a chronological record of
Q84: A credit is not the normal balance
Q85: When a company distributes dividends,
A)it doesn't have
Q86: At December 1, 2021, Cursive Company's accounts
Q87: A journal provides
A)the balances for each account.
B)information
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