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Because (a)preexisting code needs to be understood,organized,and pieced together;and (b)it is still common for the project team to have to write some code and adapt packages to the business environment,it is therefore good for analysts to fully understand program design.
Cash Investment
Financial assets that are highly liquid and can be quickly converted into cash, or the act of placing money into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.
Owner Recorded
The registration of assets, liabilities, or transactions by the owner in the financial records of a business.
Cash Payments Journal
A specialized accounting journal used to record all cash outflows or payments made by a business.
General Journal
A bookkeeping ledger that records every financial transaction of a business in chronological order.
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