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Social media communities are formed based on mutual interests and transcend familial, geographic, and organizational boundaries.
Cash Balance
The amount of cash on hand at a given time, reflecting the liquidity position of an entity, as recorded in the financial statements.
Petty Cash Fund
A small amount of cash kept on hand for making immediate, low-value payments instead of writing checks.
Transportation-In
Costs associated with bringing inventory to a business, which are often added to the purchase price of goods.
Office Supplies
Various everyday items used in offices for tasks such as writing, organization, and communication, including pens, paper, and staplers.
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