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(also called inventory or trading stock) all the goods or merchandise kept on hand (on the premises of a business) and ready to be sold or distributed
accounts in the General Ledger that contain the credit and debit totals of other accounts.
(also called book of first entry, subsidiary book or subsidiary journal) book in which the...
budgeting done at lower levels, usually only for one year.
(also called return to drawer) term the bank uses to mark and return cheques that they can't pay...