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A general ledger is a complete record of financial transactions over the life of a company.
Added 6/27/2014 7:00:21 AM
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The time period principle is the concept that a business should report the financial results of its activities over a standard time period, which is usually monthly, quarterly, or annually.
Added 6/27/2014 7:02:30 AM
This answer has been confirmed as correct and helpful.