will produce the periodic financial statements and reports of the business...

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_________ will produce the periodic financial statements and reports of the business.

A. Cash ledger

B. Final Account

C. Trail Balance

D. General Ledger

Answer: Option D

Solution (By Examveda Team)

General Ledger will produce the periodic financial statements and reports of the business. In the general ledger, record each of the transactions twice as both a subtraction (debit) and addition (credit). The general ledger is the main accounting record of the company.

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