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Figure AC 7-1 In the accompanying figure, the completed expression will appear in the area represented by item ____.
Journal Entries
The record of financial transactions as they occur, detailing the accounts that are affected and in what way.
Receipt
A document acknowledging that a payment has been made or that goods have been received.
Supplies Expense
The cost associated with consumable items used during the process of operating a business, recorded as an operating expense on the income statement.
Supplies Order
The process of acquiring necessary materials or goods required for the operation of a business or execution of a task.
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