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Using the chart of accounts provided, indicate by account number the account or accounts that would be debited and credited in the following transactions. Also enter the number 1, 2, or 3 to indicate the type of transaction as: (1) an external transaction, (2) an internal transaction recorded as an adjusting journal entry, or (3) a closing entry. The company uses a perpetual inventory system. All prepayments are initially recorded in permanent accounts
-Received payment for services to be performed next year.
Resource Review
A process for evaluating and assessing the quality and relevance of materials or resources, often in educational or professional contexts.
Ineffective Performance
Subpar or inadequate results produced by an individual or organization, failing to meet expected standards.
Training
An educational process aimed at boosting an individual's knowledge, skills, and competencies for a specific purpose.
Desired Performance
The expected or targeted level of proficiency or outcome that a training or developmental program aims to achieve.
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