Examlex
In one sentence, describe the picture of the atom that emerged from the Geiger-Marsden experiment.
Accounting Cycle
The comprehensive process of recording and processing all financial transactions of a company, from when the transaction occurs, to its representation on the financial statements.
Adjusted Trial Balance
A version of the trial balance that reflects account balances after adjustments are made for accruals, deferrals, and errors.
Unadjusted Trial Balance
A preliminary list of all accounts in the general ledger with their balances to check the equality of debits and credits before adjustments.
Contra Asset
An account on a company's balance sheet that reduces the value of a related asset account.
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