Examlex
The onset of an unpleasant event that reduces the frequency of a target behavior is referred to as
Balance Sheet
A financial statement that provides a snapshot of a company's financial condition at a specific point in time, showing assets, liabilities, and equity.
Permanent Account
A balance sheet account that carries its ending balance over to the next accounting period, such as assets, liabilities, and equity accounts.
Accounting Cycle
The process of recording and processing all financial transactions of a company, from the time the transaction occurs, to its representation on financial statements.
Adjusted Trial Balance
A list of all the accounts and their balances after adjusting entries are made, used to prepare financial statements.
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