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Which of the following statements is not consistent with the quantity theory of money?
Disbursements
Financial payments made by a business, including cash expenditures, payments on debts, or distribution of dividends.
Beginning Balance
The amount of money in a given account at the start of a financial period.
Petty Cash Fund
A small amount of cash kept on hand for making immediate, minor expenditures.
Journal Entries
The recordation of financial transactions in a company's accounting system, typically involving a debit and credit entry.
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