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Who first proposed differential association?
Service Revenue
Service Revenue is the income a company earns from providing services as opposed to selling physical products.
Accounts Receivable
Outstanding payments from customers to a firm for goods or services that have already been delivered or utilized but remain unpaid.
Journal Entry
A record in accounting that notes every financial transaction in the books via debits and credits.
Balanced Entry
An accounting entry where the sum of debits equals the sum of credits, maintaining the balance of the accounting equation.
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