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'the Core Principles of Double-entry Accounting - Making certain Accuracy & Transparency' - Printable Version

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RE: 'the Core Principles of Double-entry Accounting - Making certain Accuracy & Transparency' - SonnyJoziah - 02-14-2025

Thinking about 'account aging' - how does the system effectively prioritize and handle older balances, ensuring timely reconciliation and compliance with regulatory requirements? Is it consistently applied?