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Which statement is NOT a proposal of biosocial theory?
Wages Payable
An account that shows the total amount of wages earned by employees that the company has not yet paid.
Accounting System
A methodical procedure of accurately and timely recording and organizing financial transactions and information.
General Journal
A primary accounting record used for recording all types of transactions and events, ensuring every financial activity is documented.
Special Journal
A financial journal designed for recording a specific type of transaction in a more efficient manner.
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