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Why did the adoption of Keynesian economics come out of the Great Depression?
Sales Returns
Goods returned by customers after purchase, reducing the total sales revenue.
Cash Payments Journal
An accounting ledger that tracks all cash payments made by a business, including expenses, debt payments, and purchases.
Control Account
A general ledger account that summarizes and controls the detailed data recorded in subordinate ledger accounts.
Subsidiary Ledger
A detailed ledger containing all account details and transactions for individual component accounts that roll up into a general ledger summary account.
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