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What are the components of brass?
Adjusting Journal Entries
Entries made in the accounting records at the end of an accounting period to allocate income and expenditure to the correct period.
Journal Entries
Records of financial transactions in the accounting system, typically involving a debit to one account and a corresponding credit to another account.
Adjusting Entry
An accounting journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate period.
Asset Account
An account on a company's balance sheet representing resources owned by or owed to the company that have economic value.
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