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Cash Receipts Journal
A specialized accounting journal used to record all cash inflows or receipts of the business.
Cash Withdrawn
Funds taken out from a business by the owner(s) for personal use, which can affect the owner's equity account.
Customer's Account
An account representing a customer's relationship with a business, detailing their purchases, payments, and balances.
General Journal
A primary accounting record where all types of financial transactions are initially recorded using double-entry bookkeeping before posting to specific accounts in the ledger.
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