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What is the purpose of the General Ledger? List the five elements of a General Ledger account. What is the main purpose of the Income

What is the purpose of the General Ledger?

List the five elements of a General Ledger account.

What is the main purpose of the Income Statement?

Given the following information from the payroll journal, calculate the net pay and prepare the journal entry for the month of June

2024 .

\

table

[[

Canada Pension Plan Contributions,

15, 709.85

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