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Dizygotic twins
Wage Expense
The total cost incurred by a company for the salaries and wages of its employees.
Withdrawals
Sums of money withdrawn by the business owner(s) for private expenses.
General Journal
A basic accounting record used to keep track of all business transactions not recorded in specialized journals.
Account Titles & Descriptions
Names and explanations assigned to individual accounts in the financial statements, reflecting the nature and type of transaction.
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