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1- What are the advantages of using a journal in the recording process? 2- What are the advantages of first recording trans- actions in the
1- What are the advantages of using a journal in the recording process?
2- What are the advantages of first recording trans- actions in the journal and then posting to the ledger?
3- What is a ledger?
4- What is a chart of accounts and why is it important?
5- What is a trial balance and what are its purposes?
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Petroleum Accounting: Principles, Procedures; And Issues
Authors: Dennis Jennings, John Brady, Rich Shappard, Craig Friou
8th Edition
0940966328, 978-0940966321
