Examlex
Which of the following represents a correct sequence of steps in the "conventional" research model?
Cash
Currency and other liquid instruments such as checks and bank deposits that are readily available for use in transactions and other immediate needs.
Normal Credit Balance
The expected balance type for certain accounts in the general ledger, such as liabilities, equity, and revenue accounts.
Revenue
The income a company generates from its business activities, typically from the sale of goods and services to customers.
Liabilities
Economic obligations or debts that a business owes to external parties, which must be settled over time through the transfer of economic benefits.
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