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The document is a transaction log for Affinity Gaming, detailing multiple transactions at a property. It includes fields for customer identification (name, account number, demographics), transaction details (time, location, cash-in and cash-out amounts), and supervisor signatures. The document outlines procedures for monitoring transactions exceeding $10,000 and requires verification of customer information.

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2011	4.8 Satisfied (54 Votes)

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What is recording of transaction in the books called?

Recording of a transaction in the Journal is termed as Journalising. Thus, when entries are posted or transferred to the respective ledger accounts, this process is termed as posting.

What is a record book used to keep track of transactions?

A journal is a book where you record each business transaction shown on your supporting documents. You may have to keep separate journals for transactions that occur frequently. A ledger is a book that contains the totals from all of your journals. It is organized into different accounts.

What is a transaction log?

A transaction log is used to record changes that are written to disk in order to recover the database back to a consistent state in event of a sever failure during the writing of information to disk.

What is a book for keeping records called?

The ledger A ledger is a book or a compilation of accounts. It is also called the book of second entry. After you enter transactions in a journal, they are classified into separate accounts and then transferred into the ledger.

What is a book that keeps record of bank transactions?

The bank book is a book that keeps track of deposits, withdrawals, and checks received and issued. It is frequently misinterpreted as a passbook. Both of them, however, are distinct from one another.

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What is used to record transactions?

Transactions are recorded in a journal and then posted to a ledger. The general flow of the process is as follows: Determine which accounts the transaction will affect. Decide if the accounts are to be debited or credited.

What is the objective of a transaction log?

Transaction logs are an excellent way to collect trace data on users of Web and other information systems. The researcher then examines this data using transaction log analysis. The use of trace data to understand behaviors makes the use of transaction logs and transaction logs analysis an unobtrusive research method.

Picture of a transaction log book 2025

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What is recording of transaction in the books called?

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