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Which of the following is true? O A. Ledger is the name of the accounting book where the transactions are initially recorded. B. Trial Balance

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Which of the following is true? O A. Ledger is the name of the accounting book where the transactions are initially recorded. B. Trial Balance is a financial statement reporting all of the accounts and their balances. C. Journal is the name of the accounting book where we can see the most recent balance of any account. D. Income Statment reports the financial position of a business entity for a period of time. E. None of these

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