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Intermodal

question 57

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Intermodal


Definitions:

Accounts Payable

Liabilities or amounts owed by a business to its creditors or suppliers for goods and services received.

Subsidiary Ledger

A group of accounts that provide details supporting a general ledger control account.

Supplier

An entity that provides goods or services to another entity, typically within a supply chain.

Control Account

An account in the general ledger used to summarize the details of a subservient ledger.

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