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At the Community Training Center, the purpose of the token economy was to
Notes Payable
A written agreement or promissory note to pay a certain sum of money, usually with interest, by a specific date.
Salaries Expense
Represents the total amount of gross wages paid by a business to its employees over a specific period, typically before any deductions.
Chronological Order
The arrangement of events, documents, or records in the sequence of their occurrence.
Prepaid Insurance
An asset account representing insurance payments made in advance of the coverage period, recognized as an expense over time.
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