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A ledger is used to: report the results of operations to stockholders, creditors, and managers. prove that debits equal credits. make a balance sheet unnecessary.
A ledger is used to:
report the results of operations to stockholders, creditors, and managers.
prove that debits equal credits.
make a balance sheet unnecessary.
summarize the increases and decreases in individual accounts, as well as the ending balance.
ear my selection
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