Examlex
Instructions: Identify the following term(s).
Dutch East India Company
Journal Entry
A record in accounting that represents a transaction with debits and credits documented in the appropriate accounts.
Streamline
To simplify or eliminate unnecessary steps in a process to increase efficiency and improve performance.
Purchasing Process
The sequence of steps followed by an organization to acquire goods or services, starting from the identification of the need to the receipt and approval of the item.
Cash Equivalents
Short-term, highly liquid investments that can be easily converted into a known amount of cash.
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