(Choose 1 answer)
What is the key difference between a G/L account and a customer or vendor account?
A. G/L accounts are used for recording financial transactions, while customer and vendor accounts handle business transactions with external parties.
B. G/L accounts are used for tracking material movements, while customer and vendor accounts handle financial transactions within the organization.
C. G/L accounts are used for tracking stock levels, while customer and vendor accounts handle sales and
purchase transactions.
D. G/L accounts are used for managing payroll transactions, while customer and vendor accounts handle customer payments.
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