Why is it beneficial for transactions to be entered into a journal rather than being entered directly
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Why is it beneficial for transactions to be entered into a journal rather than being entered directly to a ledger?
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Entering transactions into a journal before posting them to a ledger is an essential step in the accounting process and it offers several benefits The accounting cycle typically involves the following ...View the full answer
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Related Book For
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
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