Examlex
Typically, the state's payroll factor (does/does not) include the salaries and bonuses paid to its corporate executives.
Transposition
The error of switching the order of digits in numbers, often leading to inaccuracies in financial or data records.
General Ledger
A comprehensive record of all financial transactions over the life of a company, used to prepare financial statements.
Nominal Account
An accounting ledger account that starts each new accounting period with a zero balance and ends with a closed balance to transfer to a real account.
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