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Define a group and group communication.
Federal Income Taxes
Taxes levied by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Credit Sales
Transactions where goods or services are provided to a customer with the agreement that payment will be made at a later date.
Uncollectible
Refers to accounts receivable that are considered to be uncollectable and are thus written off as a bad debt expense.
Cash Receipts
The collection of money (currency, checks, wire transfers) by a business from its customers or other parties.
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