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When making a sales presentation,why should a salesperson handle his or her product carefully?
Closing Entry
A journal entry made at the end of an accounting period to transfer the balances in temporary accounts to permanent accounts.
Debited
An accounting term indicating that an amount has been recorded on the left side of a ledger or account, increasing assets or decreasing liabilities and equity.
Rent Expense
An expense account that records the cost incurred by a business to rent a property or equipment for its operations.
Fees Earned
Income earned from providing services or performing work for clients or customers.
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