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Albert Neiman

question 37

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Albert Neiman


Definitions:

Replenishment

The process of filling up or restocking inventory or supplies to maintain required levels.

Petty Cash Fund

A small amount of cash kept on hand for minor, impromptu expenses.

Journal Entry

A record in accounting that represents a transaction and its effects on accounts, usually including a debit and credit.

Office Supplies

Items used in offices on a regular basis for the purpose of functionality and efficiency, such as pens, paper, and staplers.

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