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Retention tests showed that the deeper the level of processing, the higher the accuracy of memory.
Journalize Transactions
The process of recording financial transactions in the journal as part of the accounting cycle.
Accounts Receivable Turnover
A financial ratio that measures how many times a company can turn its accounts receivable into cash during a period.
Days' Sales in Receivables
A financial metric that calculates the average number of days it takes a company to collect payment after a sale has been made.
Dishonored Note
A promissory note that has not been paid by the maker at its maturity date.
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