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Variables work well in many situations,but they have limitations.
Fees Earned
Income received or earned for services provided.
Revenue
The entirety of income that a company earns from the transactions tied to its fundamental operational services or product sales.
Accounts Payable
Short-term liabilities representing amounts due to suppliers or creditors for goods and services received but not yet paid for.
Correcting Entry
An entry made in the accounting records to amend a previously made error or oversight.
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