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Summarize the process of gluconeogenesis.
Cash Basis
An accounting method where revenues and expenses are recorded only when cash is received or paid, regardless of when transactions occur.
Supplies Expense
The cost incurred from using or consuming supplies within a business operation.
Accounting Period
A specific time period at the end of which an organization prepares financial statements, commonly a year, quarter, or month.
Adjust
To make modifications to records, accounts, or systems to correct discrepancies or align them with actual conditions.
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