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Question.4411 - Discussion - Chapter 2 Should a transaction be recorded first in a journal or the ledger? Why?

Answer Below:

The xxxxx transaction xxxxxx be xxxxxxxx in xxx journal xxx then xxxxxx to xxx ledger xx the xxxxxxx one xxxx of xxx transaction xx debited xxx another xxxx is xxxxxxxx It xx based xx the xxxxxxxxxx equation xxxxx the xxxxx of xxxxxx and xxxxxxx need xx be xxxxx after xxxx transaction xxxxxx

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