Examlex
For distant vision,
Revenues
The income generated from normal business operations and includes discounts and deductions for returned merchandise.
Expenses
Outflows of resources or incurrences of liabilities that result in a decrease in the equity of a company, other than distributions to owners.
Accounts Receivable
Money owed to a company by its customers for goods or services provided on credit.
Trial Balance
A bookkeeping report that lists the balances of all ledgers accounts to check the arithmetic accuracy of the accounts.
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