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Table 12.1
Expected Real Rates of Interest for Five Countries
Source: Trading Economics, September, 2010
-Refer to Table 12.1. The inflation rate forecast for Japan is
Sales Revenue
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Wage Expense
The total amount spent by a business on salaries and wages for its employees.
Post-Closing Trial Balance
A list of all accounts and their balances after closing entries are made, showing only balance sheet accounts.
Temporary Accounts
Accounts that are closed at the end of each accounting period. These include revenue, expense, and dividend accounts.
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