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Computers that once occupied full rooms,but are now approximately the size of a refrigerator,are used by large organizations and known as
Transactions
Financial events that affect an entity's financial statements, involving transfers or exchanges of value between parties.
Undeposited Funds
An account used in accounting to hold funds that have been received but not yet deposited into a bank account.
Customer Payments
The transactions where a customer pays the company for goods or services provided.
Asset Account
An account on a balance sheet representing resources owned by a company with future economic value.
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