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A formal account that has columns for date, explanation, posting reference, debit, and credit is called the:
Middlemen
People who buy and sell goods or services or arrange trades. A middleman reduces transaction costs.
Transaction Costs
Expenses incurred when buying or selling goods and services, which can include fees, taxes, and other charges.
Internet
A global network connecting millions of computers, enabling the exchange of data, news, and opinions.
Transaction Costs
The expenses incurred when buying or selling goods or services, beyond the price of the goods.
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