Examlex
Match the following types of adjusting entries to the listed situation. (Choices may be used more than once.)
-Revenue is earned for previously received advance cash collections
Conform
To act in accordance or harmony with established standards, rules, or laws.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights.
Boilerplate
Standardized text, typically in contracts or legal documents, used repeatedly without significant change.
Framework Agreement
A long-term agreement with suppliers that sets out terms and conditions under which specific purchases (calls-offs) can be made throughout the term.
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