QUESTION IMAGE
Question
multiple choice question
which of the following contains a list of transactions affecting each account and the accounts balance?
general ledger
account
general journal
Brief Explanations
The general ledger contains a list of all accounts, transactions affecting each account, and the account's balance. An account is a single record - keeping unit, and the general journal records transactions in chronological order but not the account balances in a summarized way like the general ledger.
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A. General ledger