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On a Coordinate Graph with Y on the Vertical Axis

question 13

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On a coordinate graph with y on the vertical axis and x on the horizontal axis,suppose that two points on a straight line are (X = 4,Y = 5) ,and (X = 2,Y = 1) .The slope of this line is

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Definitions:

Vouchers Payable

Vouchers payable is an accounting term for records that detail the amounts owed by a business to its suppliers or vendors for goods or services received.

Liability Account

An accounting record of amounts owed to creditors, representing claims against the company’s assets.

Voucher System

A control process in accounting where vouchers are used to authorize and record transactions before payments are made.

Internal Control

Processes and procedures implemented by a company to safeguard assets, enhance the reliability of financial reports, and ensure compliance with laws and regulations.

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