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Which of the following statements concerning journals and ledger accounts is true? a. With a manual accounting system a business will normally show all transactions
Which of the following statements concerning journals and ledger accounts is true?
a. With a manual accounting system a business will normally show all transactions in one journal, the general journal.
b. They are no longer required due to the recording of transactions using electronic accounting packages.
c. In a manual accounting system the ledger is written up before the journal.
d. In a journal entry, the accounts to be debited are recorded before the accounts to be credited.
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