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Jimmy is running out of desk space. He keeps three computers on his desk. The three computers can't be moved, and they need to be running at the same time. Currently Jimmy has three mice, keyboards, and monitors running on his desk.
What can Jimmy do to free up space on his desk?
Office Supplies
Consumable items used in offices for daily operations, such as paper, pens, and staplers.
Debit Balance
An excess of debits over credits in an account, indicting expenses, assets, or losses.
Adjusting Entries
Entries in accounting journals, made at the termination of an accounting cycle, serve to apportion incomes and outlays to their actual occurrence period.
Unearned Revenue
Money received by an entity for a service not yet performed or a product not yet delivered. It is recorded as a liability until the service or product is delivered.
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