Examlex
Which of the following pairs is mismatched?
Income Statement
The Income Statement, also known as a profit and loss statement, is a financial report that shows a company's revenues, expenses, and profits or losses over a specific period.
Unearned Fees
Income received by a company for services or goods that have yet to be provided or delivered.
Supplies Expense
The cost incurred from acquiring supplies used in the operation of a business, not directly tied to production.
Adjusted Trial Balance
A compilation of every account along with its adjusted balances, utilized for the creation of financial reports.
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