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Journal entries that are needed in order to update account balances for internal business transactions (such as supplies and prepaid rent) at the end of the period are:
On Time
Refers to the condition or state of being operational or active at the expected or scheduled time.
Off Time
Represents the period when a system or component is not operating or is inactive.
PLCs
Abbreviation for Programmable Logic Controllers, specialized computers used to control industrial machines and processes.
Linear
Describes a relationship or process that proceeds in a straight line or in a direct, proportional manner without deviation.
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