At incule Cn=m fitatins that framantions ard evtrets ate expressed en morpetenry un ts. Arquares that the accounting fecortis for a buciness be maintained separatedy fram the owner's accounting records. Perduires that accaunang records be recorded based on acfial cost. Assumes that the busiriess will cartinue operating instead of being closed or sold o sin sin ins mos Nso Which of the following statements about a general ledger is true: Muliple Choice A genecal ledger is a recard of all accounts a company uses along with account balances A general ledger is another name for a chart of accounts At all rimes, the general ledger's total assets must equal its total liabiities A general iedger lists ail accounts in a company's accounting system but includes no amounts