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Discuss how to effectively use punishment.
Cash Receipts
The collection of money, typically currency and checks, received by a business during a specified period.
Cash Payments
Outflows of cash to settle obligations or purchase assets.
Debit Balance
A condition where the sum of debits in an account exceeds the sum of credits.
Voucher System
An accounting system that involves a written authorization or record for any transaction that will result in a cash payment.
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