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A file organization is a named portion of primary memory.
Unearned Revenue
Revenue received by a company for goods or services that are yet to be delivered or performed.
Cash
The most liquid form of assets, representing currency or assets that can be immediately turned into currency.
Prepaid Expense
An expense that is paid for in advance and recorded as an asset until it is actually incurred.
Double-Entry Bookkeeping
An accounting system in which the recording of each transaction affects two or more accounts and the total of the debits is equal to the total of the credits.
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