Examlex
A (photosystem/thylakoid/grana) is a collection of pigments such as chlorophyll that are used to absorb light in the light- dependent reactions of photosynthesis.
Prepaid Rent
An asset account on the balance sheet representing rent payments made in advance of the rental period.
Adjusting Entry
A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the appropriate periods.
Accrued Fees
Charges that have been incurred but not yet paid or recorded at the end of a reporting period, representing liabilities on the balance sheet.
Earned
Earned typically refers to income or revenue that has been generated from businesses activities or investments and is recognized upon the delivery of goods or services.
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