Examlex
What is pivot?
Cash Collection
The process of receiving and processing payments from customers, including cash, checks, and credit card payments.
Expense Accounts
Financial accounts used to track money spent or costs incurred in a company's operations.
Credits
Entries in accounting that increase liabilities, revenue, or equity accounts, or decrease asset or expense accounts.
Withdrawals
Money or assets taken out of a business by its owner(s) for personal use.
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