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Which of the following is NOT a good use of a T-account? Prior to recording an entry, to see the effect of the debits and
Which of the following is NOT a good use of a T-account?
- Prior to recording an entry, to see the effect of the debits and credits on each account
- Analyzing a complicated transaction, prior to recording the event in the general journal
- To make sure the debits and credits in each transaction are equal
- Transferring final balances of accounts to the company's financial records
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Accounting Principles Part 3
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition Volume 1
1118306805, 978-1118306802
