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Mary is comparing light potato chips to regular potato chips. What is the difference?
Customer Account
is a financial account that records the transactions, balance, and other financial interactions between a business and its customer.
Revenue Journal
A specialized accounting journal where a business records its revenue transactions.
Cash Sales
Transactions in which goods or services are exchanged for immediate payment in the form of cash or its equivalents.
Accounting System
An accounting system is a structured process of collecting, recording, summarizing, and reporting financial information of a business.
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