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In this video, Steven reviews the Adams receipt book, designed for recording various transactions, not just rent or money. The book features pre-filled tabs and measures 5.5 x 11 inches, containing consecutive numbered sheets. Each sheet allows users to input the receipt number, dollar amount, date, and source of payment (cash, check, etc.). The original receipt can be given to the payer, while the carbon copy is kept for record-keeping. This tool is particularly useful for tracking expenses in a business or managing multiple money transfers effectively.