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Subcultures do not exist in democratic countries with large populations.
Sales Journal
A specialized accounting journal used to record all sales transactions of a company on credit.
Accounts Receivable Subsidiary Ledger
A ledger detailing individually the amounts owed by each customer, supplementing the general ledger's summary account.
Posting Frequency
The regularity with which financial transactions are recorded and posted in the accounting system.
Accounts Payable
Liabilities of a business that are due to vendors or suppliers for goods or services received that have not yet been paid for.
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