Amber Rose believes that accounting would be more efficient if transactions were recorded directly in the ledger

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Amber Rose believes that accounting would be more efficient if transactions were recorded directly in the ledger accounts. Explain to Amber the advantages of first recording transactions in the journal, and then posting them to the ledger.

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Accounting Principles Part 1

ISBN: 978-1118306789

6th Canadian edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Question Posted: Mar 15, 2017 10:54 AM

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Amber Rose believes that accounting would be more efficient if transactions were recorded directly in the ledger

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Debits and credits could be recorded directly in th...View the full answer

Accounting Principles Part 1

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