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In general, there are three types of government organizations. Identify and describe these three types and the accounting standards that are followed by each type of entity.
December Expenses
The total amount of money spent during the month of December for various purposes such as rent, utilities, payroll, and supplies.
Mail Order Retailers
Businesses that sell products to customers through catalogues, websites, or other forms of distance communication, with goods being delivered by mail.
Total Sales
The sum of all sales revenue within a given period.
Sales
The total revenue generated from the sale of goods or services by a company within a specific period.
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