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Under modified accrual accounting, when are expenditures recorded?
Game Subscription
A service fee paid regularly to access a library of video games, often providing a range of titles to play without individual purchase.
Sole Proprietorship
A business structure where a single individual owns, manages, and is personally responsible for all aspects of the business.
Additional Capital
Extra funds injected into a business or investment, beyond the initial capital.
Small Business Administration Loan
A type of loan offered by the Small Business Administration (SBA) to help small businesses get started or expand with less stringent qualifying criteria than conventional loans.
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