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Revenue Journal
The revenue journal is a ledger book or digital record in accounting that tracks all incoming earnings or revenue transactions generated by business operations.
Cash Receipts Journal
A specific accounting journal used to record all receipts of cash during a particular period.
Sale On Account
A transaction where goods are sold and payment is deferred to a later date, creating an account receivable for the seller.
Accounts Payable Subsidiary Ledger
A detailed ledger that breaks down the amounts owed by a business to its suppliers or vendors into individual accounts.
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