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In a survey of the dining preferences of 36 dormitory students at the end of the spring semester, the following facts were discovered about Adam's Lunch AL, Pizza Tower PT, and the Dining Hall DH.
13 liked AL but not PT
1 liked AL only
21 liked AL
20 liked PT
25 liked DH
7 liked PT and AL but not DH
10 liked PT and DH
How many liked PT or DH?
Revenue Account
An account that records the income generated from a company's primary operations, such as sales of goods or services.
Post-closing Trial Balance
A summary of all the business accounts after the closing entries are made at the end of the accounting period, ensuring the accounts are balanced.
Trial Balance
A summary listing of the titles and balances of accounts in the ledger, which is used to verify that debits equal credits.
End-of-period Spreadsheet
A financial report or document summarizing the accounting data and transactions at the close of an accounting period, often used for preparing financial statements.
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