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The general ledger a. records all detailed data for any general ledger account that has individual sub-accounts. b. contains summary-level data for every account of
The general ledger a. records all detailed data for any general ledger account that has individual sub-accounts. b. contains summary-level data for every account of the organization. Oc. is used to record infrequent or non-routine transactions. d. simplifies the process of recording large numbers of repetitive transactions.
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