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Fixed Amount Paid to a Site for Posting an Ad

question 55

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fixed amount paid to a site for posting an ad for a finite amount of time is referred to as


Definitions:

General Journal

A general journal is an accounting ledger that is used to record all transactions of a business in chronological order, prior to their transfer into specific accounts in the general ledger.

General Ledger

A comprehensive accounting record of a company’s financial transactions over its life, encompassing all accounts.

Chart of Accounts

An organized list of all accounts in a business entity's financial records, each with a unique account number.

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