Examlex
Which of the following statements regarding variolation is FALSE?
Misc. Revenue
Miscellaneous revenue refers to income generated from activities not central to a business’s main operations.
Change Fund
Fund made up of various denominations that are used to make change for customers.
Contra-Asset
A contra-asset account is an asset account where the account balance is a negative amount. It's used to offset the value of the asset account it is associated with, such as accumulated depreciation.
Cash Register Tapes
Physical or electronic records produced by cash registers, detailing each transaction made within a business.
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