How do ledger and journal entries interact with one another, Financial Accounting

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How do ledger and journal entries interact with one another

Problem

How do ledger and journal entries interact with one another? Explain how the ledger provides the information needed to prepare the balance sheet. Explain how the ledger provides the information needed to prepare the operating statement. If a CT machine was purchased for $50,000 explains how it would be recorded?

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Financial Accounting: How do ledger and journal entries interact with one another

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Financial Accounting: How do ledger and journal entries interact with one another

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