Examlex
The value of stock options expected to be forfeited reduce compensation expense.
Trial Balance
A statement that lists all the balances of the ledger accounts, used to verify that the total of debit balances equals the total of credit balances.
General Journal
An accounting book where all transactions are initially recorded, based on the double-entry bookkeeping system, before being transferred to specific accounts.
Accounts Receivable
Company receivables from goods or services provided to customers that remain unpaid.
Accounts Payable
Debts or financial obligations to vendors or lenders for products and services that have been acquired but remain unpaid.
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