A company's ledger is:
A. A record containing all accounts and their balances used by the company.
B. A list of all accounts a company uses with an assigned identification number.
C. A collection of documents that describe transactions and events entering the accounting process.
D. A journal in which transactions are first recorded.
E. A record containing increases and decreases in a specific asset, liability, equity, revenue, or expense item.
Answer: A
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