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A(n) ____________________ is a record or list of individuals who have permission to enter a secure area, the time that they entered, and the time they left the area.
Land Account
A type of asset account on the balance sheet representing the cost of land owned by a company.
Accounts Payable
Liabilities of a business that are due to be paid to creditors within a short period of time, typically one year.
Supplies Expense
This refers to the cost recorded for supplies used during an accounting period, not necessarily when they were purchased.
Operating Income
Income generated from normal business operations, calculated by subtracting operating expenses from the gross profit.
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