Examlex
Explain the two types of migration.
Cash
Money in the form of coins or banknotes held by an individual or organization, readily available for transactions.
Adjusting Entries
Bookkeeping entries executed at the termination of a financial period for the purpose of apportioning earnings and expenses to the actual period they took place.
Balance Sheet Accounts
Accounts appearing on the balance sheet, representing a company's assets, liabilities, and equity at a specific point in time.
Income Statement Accounts
Accounts that reflect income, expenses, gains, and losses, which are used to determine the net income of a business.
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