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Which of the Following Are Intangible Products That Are Based

question 65

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Which of the following are intangible products that are based around some act or performance that delivers value?


Definitions:

Asset Accounts

Accounts that track the value of the resources owned by a business, which can include cash, inventory, equipment, and real estate.

Journal

A record where all financial transactions of a business are initially noted before they are transferred to ledger accounts.

Ledger

A comprehensive collection of a company's accounts, documenting all transactions and financial results.

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