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The purpose of the General Ledger is to think T-accounts): O A. Record the day's transactions in chronological order B. Maintain updated separate account balances
The purpose of the General Ledger is to think T-accounts): O A. Record the day's transactions in chronological order B. Maintain updated separate account balances for each asset, liability, revenue, expense, etc. O C. Make sure that all assets, liabilities, revenues, expenses, etc., have normal balances at all times D. Keep a record of documentation to support each transaction
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