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The process of convection occurs in
Posting
The process of transferring accounting entries from the journal to the ledger accounts.
Account
A record summarizing all transactions related to a particular item in the financial statements.
Accounts Receivable
Money owed to a company by its clients or customers for goods or services delivered but not yet paid for.
Credit Sales
Sales made by a business where payment is not received at the time of sale but is instead deferred to a future date, typically involving an agreement or credit terms.
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