Examlex
______________ refers to a sentencing philosophy that encourages rehabilitation and incorporates a broad sentencing range in which discretionary release is determined by a parole board.
Expenses
Costs incurred in the process of earning revenues, typically categorized as operating or non-operating.
Owner's Drawings
Withdrawals made by the owner of a sole proprietorship or partnership from the business for personal use.
Revenues
The total income generated from the sale of goods or services related to a company's primary operations.
Adjusting Entries
Entries recorded in journals at the conclusion of an accounting period to assign revenues and costs to the time frame in which they were genuinely incurred.
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