Should a transaction be recorded first in a journal or the ledger? Why?

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Should a transaction be recorded first in a journal or the ledger?
Why?

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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Question Posted: May 17, 2012 05:46 AM

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Should a transaction be recorded first in a journal or the ledger? Why?

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Managerial Accounting

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