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Many international firms are increasing their efforts to market their products and services to countries such as India and China as the ranks of their middle class continue to increase.
Invoice Price
The amount charged by a seller for goods or services, exclusive of any discounts or allowances.
Journal Entries
The written records of financial transactions in the accounting system, indicating the accounts and amounts debited and credited.
Journal Entries
Journal entries are the initial records of financial transactions in the accounting system, documenting the details of each transaction in chronological order.
Bank Reconciliation
The procedure of ensuring the balances of a cash account in a firm's accounting books match the corresponding figures on a bank statement.
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