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Which of the following statements is FALSE regarding substance abuse?
Accounting Sales
The recorded revenue from goods or services sold or provided to customers, reflecting income generated by a business.
Subsidiary Ledger
A detailed ledger that contains all the transaction information of a specific account, which then summarizes to a general ledger.
Cash Payments Journal
A specialized accounting journal used to record all payments made by a business, including expenses and purchases.
Accounts Payable
Liabilities of a business that are due to creditors within a short period, usually less than a year, for goods, services, or supplies purchased on credit.
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