Examlex
What is necessary for organizations to be different from their competition and provide ongoing value to their customers?
Trial Balance
An accounting table that consolidates all ledger balances into equivalent columns for debit and credit accounts.
T Accounts
T accounts are a visual representation used in accounting to depict ledgers, showing debits on the left and credits on the right.
Financial Statements
Reports that summarize the financial health, performance, and cash flows of a business for a specific period, typically including the balance sheet, income statement, and cash flow statement.
Debit
An accounting entry that results in either an increase in assets or a decrease in liabilities or equity on a company's balance sheet.
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