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Find the uncoded 1 × 3 row matrices for the message "TWO IF BY LAND" by assigning a number to each letter in the alphabet such as 1 = A, 2 = B, 3 = C and so on (with 0 assigned to a blank space) ;
Then encode the message using the encoding matrix .
Closing Process
The series of steps performed at the end of an accounting period to prepare the books for the next period, including updating accounts and transferring balances.
Income Summary
An account in the ledger that aggregates all income and expense accounts to determine the net profit or loss for a certain period.
Revenue Accounts
Accounts that track the income generated from a company's primary operations and activities.
Expense Accounts
Financial accounts used to track money spent or costs incurred by a business in its operational activities.
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