What is always true about the General Ledger? A. The process of transferring amounts from the General
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What is always true about the General Ledger?
A. The process of transferring amounts from the General Journal to the General Ledger is called posting.
B. The General Ledger is a way to represent monthly groupings of entire General Journal entries.
C. The General Ledger contains information about the individual accounts used in General Journal transactions.
D. A debit to an account in a General Journal transaction is a debit to that account in the General Ledger.
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Related Book For
Payroll Accounting 2017
ISBN: 978-1259572180
3rd edition
Authors: Jeanette Landin, Paulette Schirmer
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