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Describe the two recommended procedures to be observed for arc welding tool steel.
Journalize
The act of recording business transactions in the journal as part of the accounting process.
Merchandise Sold
Products that have been sold by a company, typically referring to goods rather than services.
Sales On Account
Transactions where goods or services are sold and delivered, but payment is agreed to be made at a later date.
Internal Controls
Processes and procedures implemented by a business to safeguard its assets, enhance the reliability of its accounting records, ensure compliance with laws, and promote efficient operations.
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