The general ledger is used to record the financial impacts of business process steps.
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Q46: Assets are monies the company earns by
Q47: A reconciliation account records the impact of
Q48: Accounting processes are broadly divided into two
Q49: Liabilities are what the company owns,such as
Q50: In accounts payable,which general ledger accounts are
Q52: When does a credit take place?
A)When
Q53: Balance sheet accounts are grouped into:
A)Assets
B)Liabilities
C)Equity
D)Revenue
Q54: Business areas are external departments of an
Q55: The balance sheet is a snapshot of
Q56: A segment is a division of an
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