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The transactions demand for money is
Accounts Payable
Short-term liabilities or obligations to suppliers or creditors for goods and services received but not yet paid for.
T Account
A T account is a visual aid in accounting used to depict the debits and credits of a particular ledger account, facilitating the understanding and analysis of transactions.
Balance Entered
A term that is not typically used in standard financial or accounting lexicon; it could imply recording or entering a balance into financial records. NO.
Trial Balance Preparation
The process of creating a trial balance, which is a bookkeeping worksheet listing the balance of all ledgers for checking the mathematical correctness of the books.
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