Examlex
ADH (antidiuretic hormone) is also called vasopressin because at high concentrations it causes
Closing Entries
The accounting process of transferring temporary account balances to permanent accounts at the end of an accounting period.
Journalizing
The process of recording transactions in a journal before they are posted to ledger accounts.
Posting Closing Entries
The process of transferring the balances of temporary accounts to permanent accounts at the end of an accounting period to prepare the books for the next period.
Financial Statements
Reports that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.
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