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Which leadership skills are present in level 1 of the Level 5 Hierarchy?
Cash Receipts Journal
A financial journal that records all cash coming into the business, providing a record of income from various sources.
Cash Payments Journal
A business ledger documenting every cash disbursement, covering costs, acquisition of assets, and settlement of debts.
Purchases Journal
A specialized accounting journal used to record all purchases of merchandise on credit.
Special Journal
A financial journal designed for recording a specific type of transaction, helping in streamlining and categorizing financial entries.
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