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Explain how an IS outsourcing provider is able to derive savings that companies themselves cannot realize.
Two-Column Journal
A form of journal in which there are only two amount columns, one for debits and one for credits.
Unadjusted Trial Balance
A listing of all the accounts in the general ledger with their balances before any adjustments are made.
Net Income
The net income of a business following the deduction of all costs and tax obligations from its total revenue.
Unadjusted Trial Balance
A listing of all the accounts and their balances from a company's general ledger before any adjusting entries are made for accounting purposes.
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