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Why is reselling the customer an important part of the confirmation after the adoption of an innovation?
Accounts Payable
Accounts payable are liabilities representing the amount a business owes to its suppliers or creditors for goods and services received but not yet paid for.
Cash Receipts Journal
A journal used to record all cash inflows or money received by the business.
Cash Received
The amount of money a business collects, normally in exchange for goods or services.
Customers Account
Refers to the individual accounts or ledgers maintained by a business to record transactions related to sales, returns, payments, and balances owing for each customer.
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