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Dannon makes it a priority to drive traffic to its Dannon Yogurt homepage so that the company can benefit from the twin paybacks of (1) forging direct relationships with customers and (2) building a database of its best customers.This is an example of ________.
Closing Entries
Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, thereby preparing the temporary accounts for the next accounting period.
Journalize
The act of recording transactions in a company's journal, which is the first step in the accounting cycle.
End-of-Period Spreadsheets
Financial spreadsheets compiled at the end of an accounting period to summarize the financial status and operations of a business.
Accounting Records
Documentation and books kept for the purpose of tracking all financial transactions, assets, liabilities, and equity of a business.
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