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On January 2, Safe Boating Monthly received a check for $96 from a subscriber for a 12-month subscription. The January issue was mailed on January 15th. Prepare the necessary entries for the month of January.
Induction
A reasoning process that moves from specific instances to a general conclusion, often used in scientific and logical arguments.
Deduction
A logical process in which a conclusion is based on the concordance of multiple premises that are generally assumed to be true.
General
A term used broadly to describe something that applies to all or most cases or situations without being specific.
Specific
Clearly defined or identified; distinct from others.
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