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You are scheduled to work at the pizza parlor Sunday afternoon. Several of your friends convince you to call in sick so you can watch football with them all day, even though you really need the money. The sociological term for what you have experienced is____________ .
Journal Entry
A record in the books of accounts that reflects the details of a financial transaction, including the accounts affected, date, and amounts.
Gross Accounts Receivable Approach
A method that estimates the total amount to be received from customers, without deducting expected bad debts.
Unadjusted Year End
The fiscal year-end date prior to any adjustments made for accounting purposes.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal, used to ensure the accounting system's mathematical accuracy.
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