Accountancy, asked by superstar8655562, 7 months ago

terminology of account

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Answered by abinavs

Explanation:

Balance Sheet – A financial document that reconciles all the company's assets with their liabilities and equity. ... General Ledger – Record of all financial transactions across all of a company's accounts, which is maintained continuously for the entire life of the company.

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Answered by Swati03

Answer:Terminology of account gives the complete description of the terms which are used and it is very important to know the accounting terminology before delving into the any subject.

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