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Supporters of globalization assert that the process helps countries strengthen their sovereignty.
Accounts Receivable
Funds that customers have yet to pay a company for the products or services they have received.
Contra Account
An account used in the ledger to offset the balance of a related account.
Carrying Amount
The net value of an asset as recorded in the books, which is equal to the asset's original cost minus any accumulated depreciation, amortization, or impairment charges.
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