Examlex
Robert has imported some data from Access and is using the Query Wizard to filter the data. Please refer to the above figure when answering the questions below.
-Robert has lost track of the columns with filters applied. He then remembers that when you specify a filter for a column, the column name changes to ____ in the Column to filter list box.
Accounting Equation
Assets = Liabilities + Owner’s Equity.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, usually a fiscal quarter or year, to calculate net income.
Adjusting Entry
A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the correct period.
Net Income
The net earnings of a company, calculated by deducting all operating costs and taxes from the total income.
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