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During osmosis,
Utilities Expense
Costs incurred by a business for essential services such as water, electricity, and gas.
General Journal
A comprehensive journal that records all the day-to-day financial transactions of a company, including debits and credits.
Common Stock
A type of equity security that represents ownership in a corporation, with rights to share in its profits and vote in major decisions.
Cash
Liquid currency and resources such as bank deposits that a business has immediate access to for transactions and operations.
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