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Generation Y (Also Known as the Millennial Generation) Was Born

question 35

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Generation Y (also known as the Millennial generation) was born between the years of:


Definitions:

Double-Entry Bookkeeping System

An accounting technique which records each transaction in two accounts, ensuring the total debits equal total credits.

Fully Integrated Ledger System

A fully integrated ledger system is an accounting system where all the different financial and accounting records are comprehensively interconnected and maintained within a single framework.

Financial Transactions

The process of exchanging assets, settling debts, or conducting monetary dealings between parties.

Accounts Receivable

Funds that a business's customers have yet to pay for products or services received from the business.

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