Using a ledger approach, immediately after making a entry, we update our ledger on each...

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Accounting

Using a ledger approach, immediately after making a
entry, we update our ledger on each account changed
as a result of that entry.
a. Database
b. Notebook
c. Journal
d. cash flow balance sheet
Which of the following is the inventory Equation?
a. Beginning inventory + Units Purchased - Units Sold = Ending Inventory
b. Beginning Inventory = Units sold = Ending Inventory
c. Beginning Inventory - Ending Inventory = surplus inventory
d. Beginning inventory - Units Sold + Units purchased = Ending Inventory
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