REFURBISH Definition

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REFURBISH is to renovate or clean up.

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TRANSACTION DRIVERS are used to count the frequency of an activity, i.e., the number of times an activity is performed.

ADJUNCT ACCOUNT is an account that accumulates either additions or subtractions to another account. Thus the original account may retain its identity. Examples include premiums on bonds payable, which is a contra account to bonds payable; and accumulated depreciation, which is an offset to the fixed asset.

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