The primary purpose of recording journal entries is: a. To list all accounts in a general ledger

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The primary purpose of recording journal entries is:

a. To list all accounts in a general ledger

b. To see the increases and decreases in a specific account

c. To determine the overall financial performance of the company by having detailed financial records and enable the production of financial reports

d. To identify the source of recorded transactions

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Fundamental Accounting Principles Volume I

ISBN: 978-1260305821

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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