Examlex
Which of the following does not help to explain why politicians might hesitate to balance the budget in an election year?
Normal Balance
The side of an account (debit or credit) that is expected to have a higher balance, based on accounting rules.
Owner's Drawings
Removal of funds or other valuables from a company by the proprietor for their personal benefit.
Cash
A form of liquid asset that represents immediately available funds for transaction, trade, and settling debts.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services delivered or used but not yet paid for.
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