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A company that advertises mainly on television could reduce its carbon footprint by shifting its media strategy to a combination of radio and outdoor advertising.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.
Correcting Entries
Journal entries made to correct errors found in the accounting records after the posting process.
Service Revenue
Income earned by a company for the services it has provided to its customers.
Utilities Expense
Costs incurred by a business for basic services such as electricity, water, and gas, classified under operating expenses in the income statement.
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