Briefly explain the following terms used in the recording and compiling of accounting data: Transaction
Question:
Briefly explain the following terms used in the recording and compiling of accounting data:
• Transaction
• Account
• Posting
• Chart of accounts
• General ledger
• T account
• Double entry system
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Related Book For
Healthcare Finance An Introduction To Accounting And Financial Management
ISBN: 9781567932324
3rd Edition
Authors: Louis Gapenski PhD
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