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Adjusting Journal Entry
An accounting procedure used at the end of a reporting period to allocate income and expenditures to the correct accounting period.
Accrued Revenue
Revenue earned but not yet received or recorded at the end of an accounting period.
Fees Earned
Revenue generated from services provided by a business during a specific period.
Accounts Receivable
This refers to the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
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