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General Journal Entries
Recorded business transactions in the general journal, forming the foundation of a company's financial records.
Terms of Sale
Conditions agreed upon by the buyer and seller regarding the delivery, payment, and transfer of ownership of goods.
Credit Terms
The conditions under which credit will be extended to a borrower, including repayment schedule, interest rate, and the duration of the loan.
General Journal Entries
A record of financial transactions in the order they occur.
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