Explain using proper database terminology
Explain, using proper database terminology, why it is only necessary to enter journal entries into the SAP system and it is not necessary to do postings from the general journal to the general ledger.
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Prepare general journal entries for the following transactions of a new business called Pose for Pics. Aug. 1 Hashim Paris, the owner, invested $7,500 cash and $32,500 of photography equipment in the business.
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