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Classroom organization should be based on:
Cash Received
Represents the total amount of money received by a company during a specific period, including all sources of cash income.
Capital Expenditures
Capital expenditures are funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment.
Additions
Refers to increases or expenses added to a specific account, often relating to assets like buildings or equipment.
Extraordinary Repairs
Infrequent expenditures that extend an asset’s life (such as a new engine in a car).
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