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The sequential search algorithm
Trial Balance
A bookkeeping worksheet where the balances of all ledgers are compiled into debit and credit columns to check for the accuracy of the entries.
Accounts Receivable
Money owed to a company by its customers for products or services delivered on credit.
Credit Sales
Transactions where goods or services are provided with the agreement that payment will be made at a later date.
Recording Process
The systematic method of capturing all financial transactions of a company to ensure accurate financial reporting and analysis.
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