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If both a buyer and a seller have the same information, it is said to be symmetric.
Checkbook Register
A record of all deposits, withdrawals, checks, and transactions made through a checking account.
Cash Control Sheet
A financial document used to track the inflow and outflow of cash within a business to ensure accurate accounting and prevent fraud.
Pegboard System
An organizational tool consisting of a board with holes that can hold pegs or hooks for the purpose of hanging or displaying items.
Trial Balance
An accounting report that lists the balances of all ledgers accounts to check the arithmetic accuracy of bookkeeping entries.
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