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We are more likely to remember the words "typewriter, cigarette, and fire" than the words "void, process, and inherent." This best illustrates the value of
Two-column Journal
An accounting ledger that features two columns, typically used for recording debits in one column and credits in the other, to maintain financial transactions.
Equipment Purchase
The acquisition of physical assets like machinery, tools and vehicles needed for the operation of a business.
Fees Earned
Fees earned refer to income gained from providing services, representing the completion of service transactions over a period of time.
Wages Paid
Wages paid are the total amount of money disbursed to employees for work performed during a specific period, including salaries, hourly wages, and bonuses.
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