Examlex
To reverse a general journal entry,you should -
EAT
Earnings After Tax, which refers to the net profit a company makes after deducting all its costs, including taxes.
Gross Margin
The difference between revenue and the cost of goods sold, divided by revenue, expressed as a percentage.
Working Capital
The variance between a firm's immediate assets and its short-term obligations.
Accumulated Depreciation
The total depreciation of an asset over its life up to a specific point in time, reflecting how much of its value has been used up.
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