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The Description of a Database's Structure That Is Stored Within

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The description of a database's structure that is stored within the database itself is called the metadata.


Definitions:

Accounts Payable

A liability to a creditor, usually for purchases of goods and services.

Inventory

Materials and products a business holds for the purpose of sale or production.

General Journal

The primary bookkeeping ledger where all financial transactions of a business are initially recorded, prior to being posted to specific accounts.

Credit Purchases

Transactions where goods or services are bought on credit, to be paid for at a later date.

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