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Exam (elaborations)
Computer based accounting 100 final multiple choice
A journal entry is a transaction in which: - ️️There are at least two parts - a debit and a credit, debt and credit distribution lines, each line has an account from the chart of accounts, the total of debits and credits equal 
A list of all the accounts used in the General Ledger is called a: - ️️Chart of Accounts 
A product that is purchased from vendors for sale to customers is called: - ️️Inventory 
Adjusting entries are made on the: - ️️last day of the month, quarter, or yea...