Examlex
Which of the following journal entries would be recorded if a business collects $1,000 cash on account from a customer for services performed at an earlier date?
Pooling
In economics, pooling is the amalgamation of resources or interests by several parties to maximize benefit or reduce risk.
Pooling
The act of grouping together resources, risks, or interests to achieve a common goal or reduce risk.
Supply Curve
A visual chart demonstrating how the price of an item correlates with the volume of that item that sellers are ready to provide.
Insurance
A financial product that transfers the risk of financial loss from an individual or business to an insurance company, in exchange for premium payments.
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