Examlex
For most productions there are four steps, and the last step after the shoot is:
Month Ended
Refers to the closing of the accounting period, usually the last day of the month, where businesses summarize financial activities.
Unearned Revenue Account
Refers to money received by a company for goods or services yet to be delivered or performed, recognized as a liability on the balance sheet.
Debit Balance
An accounting term indicating that a particular account has more debits than credits, often referring to an account's overall debt or expenditure.
Credit Balance
In accounting, it refers to the balance on the right side of a ledger account, indicating the amount that a company owes or liabilities.
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