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You See Your Friend and Say "Sup Dude?" This Is

question 80

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You see your friend and say "Sup dude?" this is an example of:


Definitions:

Depreciation

A method of allocating the cost of a tangible asset over its useful life.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate period.

Accrued Fees

Accrued Fees refer to charges incurred by an entity for services performed but not yet billed or paid at the reporting date.

Adjusting Entry

An accounting record entry, created at the conclusion of an accounting cycle, that distributes earnings and expenses to their respective years.

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