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The chart of account for the Corning Company includes some of the following accounts: On the journal page 3, the following transaction was found:
What is the post reference that will be found on the journal entry?
Fiscal Year
A one-year period used for financial reporting and budgeting purposes, which does not necessarily align with the calendar year.
Semiannual Interest
Interest that's computed and disbursed semi-annually, commonly associated with bonds and loans.
Alternative Financing Plans
Different strategies or options available for securing funds needed for business operations or expansion.
Earnings Per Share
A financial ratio that indicates the portion of a company's profit allocated to each outstanding share of common stock.
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