(a) Should accounting transaction debits and credits be recorded directly in the ledger accounts? (b) What are...
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(b) What are the advantages of first recording transactions in the journal and then posting to the ledger?
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a No debits and credits should not be recorded directly in the ledger ...View the full answer
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Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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