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College Accounting (Book Only): A ...

13th Edition
Scott + 1 other
ISBN: 9781337280570

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BuyFindarrow_forward

College Accounting (Book Only): A ...

13th Edition
Scott + 1 other
ISBN: 9781337280570
Textbook Problem

How does the journal differ from the ledger?

To determine

Indicate the difference between the journal and the ledger.

Explanation

Journal: Journal is a book in which economic events which can be measured in monetary terms are recorded chronologically and systematically.

Ledger: Ledger is a book in which the accounts are summarized and...

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