Examlex
The smaller the spread of scores around the arithmetic mean,
Capital Drawing
Withdrawals made by the owner(s) from the business for personal use, reducing the total capital invested in the business.
Journalize
The process of recording business transactions in the journal as part of the accounting cycle.
Transactions
Financial events that result in changes to the financial position of a company, such as sales, purchases, and payments.
Equipment
Long-term assets that are used in the production of goods and services; these are tangible in nature.
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