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All companies must use a calendar year as their fiscal year.
Past Tense Verbs
Past tense verbs refer to actions or states of being that happened or existed at a specific time in the past.
Simple Present Tense Verbs
Verbs that describe actions happening in the present time, used to express habitual or general truths.
Nouns
Words that identify people, places, things, or ideas.
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Q14: A cash purchase of supplies should be
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Q152: The general term used to indicate delaying
Q166: All companies must use a calendar year
Q172: Services performed for cash should be recorded
Q201: The supplies account balance on December 31,$4,750;