1. Key Terms Accounts receivable Inventory Prepaid expenses Long-term assets or fixed assets Current liability Noncurrent liabilities...

Question:

1. Key Terms Accounts receivable Inventory Prepaid expenses Long-term assets or fixed assets Current liability Noncurrent liabilities Accounts payable Long-term debts Deferred revenues Restricted net assets Unrestricted net assets Accounting cycle Accounting journal Accounting ledger Double-entry accounting

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