EBK ACCOUNTING:TOOLS F/BUSINESS...
EBK ACCOUNTING:TOOLS F/BUSINESS...
7th Edition
ISBN: 9781119494799
Author: Kimmel
Publisher: WILEY
Question
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Chapter 3, Problem 17Q

(a)

To determine

Discuss whether the accounting transactions’ debits and credits should be recorded directly in the ledger accounts.

(b)

To determine

Discuss the advantages of recording the transactions in the journal first, and then posting to the ledger.

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