ACCRUAL ACCOUNTING Definition

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ACCRUAL ACCOUNTING see ACCRUAL BASIS OF ACCOUNTING.

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GARNISH is to take a debtors wages under a legal order, e.g. for child support or an IRS tax liability.

DONATED ASSETS are assets received in a voluntary non-reciprocal transfer from another entity such as gifts of capital assets; usually voluntary contributions of resources to a governmental entity by a non-governmental entity.

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