What is a recording in the ledger the information

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Problem 1: What is an exchange of goods and services that are objective and that occur at an agree upon price?

Problem 2: What is calculated either as a firm's total assets minus its total liabilities?

Problem 3: What is it called when entering of a transaction in the book of original entry?

Problem 4: what is a recording in the ledger the information contained in the journal?

Reference no: EM132835490

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