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When you save a presentation, ____.
Prepaid Expenses
Expenses paid in advance by a company for goods or services to be received in the future, reported as current assets on the balance sheet.
Adjusting Entry
Journal entries made at the end of an accounting period to update account balances before financial statements are prepared.
Expense Accounts
Accounts used to record expenses in the general ledger, capturing costs associated with operating the business.
Salaries and Wages Payable
Liabilities owed to employees for work performed that have not yet been paid.
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