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Take note that the suitable totals from the Particular journals will likely be posted to the general ledger accounts at the conclusion of the month. You'll enter this after you get ready the Lender Reconciliation Statement.
Now that you have completed the June lender reconciliation approach, you are prepared to complete the top with the thirty day period putting up technique. The objective of this stop of month posting is always to transfer the totals from the Particular journals to the appropriate standard ledger accounts so thar the balances in These ledger accounts mirror the entire transactions that transpired through the entire time period.
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