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Define the following items: Unearned revenue (3 marks) Inventory (3 marks) Notes payable (3 marks) Prepaid insurance (3 marks) Long term bond (3 marks)

Define the following items:

Unearned revenue

(3 marks)

Inventory

(3 marks)

Notes payable

(3 marks)

Prepaid insurance

(3 marks)

Long term bond

(3 marks)

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