Examlex
Find . Round your answer to the nearest integer.
GAAP
Stands for Generally Accepted Accounting Principles, which are a common set of accounting rules and standards used in the United States.
Notes Payable
Written agreements where a borrower promises to pay back a specified sum to the lender at a future date.
Adjusting Entry
A journal entry made at the end of an accounting period to record any unrecognized income or expenses for that period.
Sales Tax
Sales tax is a government levy imposed on the sale of goods and services, collected by the seller from the buyer at the point of sale.
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