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Describe a ledger and a chart of accounts. How do these two compare with a book and its table of contents? Describe the act of

Describe a ledger and a chart of accounts. How do these two compare with a book and its table of contents? Describe the act of posting. What difficulties could arise if no cross-indexing existed between the general journal and the ledger accounts?

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A ledger is a principal book or computer file where accounting data is recorded summarized and classified It contains separate pages or accounts for d... blur-text-image

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