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What is the relevance of creativity and innovation in total quality?
Revenue Accounts
Accounts that track the income generated by a company from its normal business operations or other activities.
Closing Entries
Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts.
Prepaid Insurance
An asset account that represents the amount of insurance premium payments made in advance for coverage extending beyond the current accounting period.
Adjusting Entry
Journal entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
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