Examlex
You are a behaviourist. However, you believe that our behaviour is modified and guided by our thoughts. Your position is known as
Adjusting Entries
Journal entries made at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.
Close Account Year-End
The process of updating account balances and summarizing a company's financial activities to prepare for the next accounting period.
Interest Revenue
Income earned from lending funds or through investing in interest-bearing financial instruments.
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