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What are the two areas of social perception?
Salaries Expense
This refers to the total amount paid by a company for employee salaries over a specific period, recorded on the income statement.
Trial Balance
A bookkeeping worksheet listing the balances of all ledgers in two columns, debits and credits, used to verify the equality of the two totals.
Cash Dividend
A payment made by a company to its shareholders, typically in the form of cash, out of its profits or reserves.
Journalize
The process of recording transactions in a journal, marking the first step in the accounting cycle.
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