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Explain how mutual funds are advantageous to small investors.
Interest Revenue
Interest revenue is the income earned from lending funds or depositing funds in interest-bearing accounts.
Journalize Transactions
The process of recording financial transactions in a company's journal, marking the first step in the accounting cycle.
Credit Card Sales
Transactions where customers purchase goods or services using a credit card as the payment method.
Service Charge Fee
A fee charged by a bank or financial institution for processing transactions or providing a specific service.
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