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Students with challenging behaviors:
Receivable
Amounts of money owed to a company by its customers or other parties for goods or services provided.
Periodic Inventory System
An inventory system that updates inventory records at specific intervals, requiring physical counts to determine cost of goods sold.
Purchases
Acquisition of goods or services in exchange for money, usually considered in the context of inventory or supplies for a business.
General Journal
An accounting ledger that records all types of transactions before they are transferred to specific accounts in the general ledger.
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