Examlex
Communication skills for receivers include:
Accounts Receivable
Debts incurred by customers to a company for delivered goods or services that remain unpaid.
Cash
Money in the form of coins and banknotes; the most liquid form of assets a company has.
Journalizing
The process of recording transactions in a company's journal before they are posted to the general ledger.
Posting Process
The act of transferring entries from the journal to the respective ledger accounts to keep financial records accurate and up-to-date.
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