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General Journal
The general journal is a primary accounting record used to enter all transactions through debits and credits, serving as the initial point of data entry.
Accounts Receivable
Represents money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Accounts Payable
Liabilities of a business that are due to be paid to creditors within a short period, usually one year.
General Journal
A primary accounting record used to track all financial transactions of a business, entered in chronological order.
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