GENERAL LEDGER AND OPERATING REPORT

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Assigned To

Compute the General Ledger account balances

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Compare the General Ledger control account balances with supporting data, reconcile any differences and record correcting entries as required in the General Journal or Standard Entries Journal

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Post the remaining Journal entries to the General Ledger, compute the account balances for the accounts affected, and balance the General Ledger

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Close all month-end accounting records

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Prepare and electronically transmit the required financial information to General Motors