Examlex
What is the face value of a stock called?
Credit Column
The section of a financial statement or ledger where increases in liabilities, equity, and revenue or decreases in assets and expenses are recorded.
Journalized Transactions
Recording financial transactions in a journal as part of the double-entry bookkeeping system.
Posting
Posting refers to the process of transferring entries from a company's journal into their respective accounts in the general ledger.
Financial Statements
Summarized records of a company's financial activities and position, typically comprising the balance sheet, income statement, and cash flow statement.
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