Examlex
_________specialize in software testing.
Accounts Payable
Short-term liabilities representing amounts owed to suppliers or creditors for goods and services received but not yet paid for.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to check the accuracy of the entries.
Journal Entry
A record in accounting that represents a transaction, documenting the debit and credits affected by it.
Debit
A bookkeeping record that elevates the value of an asset or expense account, or reduces the value of a liability or equity account.
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