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Which is not a benefit of normalization?
Cash Receipts Journal
A specialized accounting journal used to record all cash inflows or cash received by an organization.
Prepaid Insurance
An asset account representing insurance paid in advance, which will be expensed over the period it benefits.
Fees Earned
Income or revenue generated through providing services.
Creditor's Account
An account maintained to record transactions involving credit purchases or loans received, indicating the amount owed to suppliers or lenders.
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