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Description: The detailed record of the changes in a particular asset, liability, or stockholders’ equity is calleda. an account.b. a journal.c. a ledger.d. a trial balance.

Business

Accounting

The detailed record of the changes in a particular asset, liability, or stockholders’ equity is called a. an account. b. a journal. c. a ledger. d. a trial balance.

College Accounting (Book Only): A Career Approach

12th Edition

ISBN:9781305084087

Author:Cathy J. Scott

Publisher:Cathy J. Scott

Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements

Section: Chapter Questions

Problem 2E: List the classification of each of the following accounts as A (asset), L (liability), OE (owners...

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