Define the purpose of each of these terms: Ledger account. Trial balance. Statement of

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Define the purpose of each of these terms:

• Ledger account. 

• Trial balance.

• Statement of profit or loss & other comprehensive income.

• Statement of financial position.

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Fundamental Accounting

ISBN: 9781485112112

7th Edition

Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit

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