PEGBOARD SYSTEM Definition

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PEGBOARD SYSTEM see ONE-WRITE SYSTEM.

Learn new Accounting Terms

INCOME THEORIES try to identify the real profit of an organization. The difficulty here is that you need to define whose income you are measuring, and that limiting income measurements to things that can be given a price devalues goods and services that are difficult or impossible to price.

COMPOUND JOURNAL ENTRY is a journal entry that involves more than one debit or more than one credit or both.

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