Accounting · Computerized Accounting System
Which document is considered the 'Master Record' in a computerized accounting system that contains the descriptive details of every account, including the account head, category (Asset/Liability), and current balance, used by the CBS to generate the Trial Balance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Transaction Journal
- 2General Ledger Master File✓
- 3Day Book
- 4Suspense Register
Correct answer
General Ledger Master File
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