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Dave,a DJ for KXYZ Radio,has a morning broadcast called "Drive Time." On today's show,Dave interviews Blake Shelton,a country music singer-songwriter.After the interview,the station records Blake making the following statement: "This is Blake Shelton,and I love Drive Time on KXYZ Radio." Which term describes Blake's recording?
Notes Receivable
Written promises for amounts to be received by a business, typically including interest, from individuals or other entities.
Bad Debt Expense
An expense reported on the income statement due to receivables that are not expected to be collected.
Recording Methods
Various approaches or systems used to document financial transactions in accounting books or software.
General Ledger
The primary ledger, when used in conjunction with subsidiary ledgers, that contains all of the balance sheet and income statement accounts.
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