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Explain what Hobbes means when he says, "it is manifest that during the time men live without a common power to keep them all in awe, they are in that condition which is called war; and such a war is of every man against every man." Do you agree with Hobbes? Explain your answer.
Journal Entry
A record of a financial transaction in the general journal or other ledger, representing debits and credits to accounts.
Fringe Benefits
Benefits provided to employees in addition to wages and salaries.
Revenues And Expenses
The income a business earns from its operations and the costs incurred to generate that income.
Payroll Taxes
Taxes that are withheld from employees' wages by their employer and paid to the government, often including social security and medicare taxes.
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