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After the work sheet is complete,the consolidated amount for each account represents the total asset,liability,and equity amounts controlled by the parent corporation.
Receive Payments
The process of recording the receipt of money from customers in payment for goods or services provided.
Customer Transactions
Financial interactions or operations between a business and its customers, including sales, returns, and payments.
Create Invoices
The process of generating billing documents for goods sold or services provided, detailing amounts owed by customers.
Main Categories
This term likely refers to the primary classifications or groupings within a system, such as accounting, where transactions can be sorted.
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