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Explain the basic strategies that an aggregate planner has available to balance the various costs and meet demand.
Credit Balance
A situation where the total credits in an account exceed the total debits, often reflecting a positive balance in financial accounts.
Notes Payable
Notes payable are written agreements where a borrower agrees to pay back a specified amount of money, plus interest, to a lender at a future date.
Accounts Receivable
Amounts owed to a business by its customers for goods or services delivered but not yet paid for.
Journalize
The act of recording transactions in the journal as part of the accounting process.
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