Examlex
Match the following terms or phrases with the correct description or definition.
-Angiogenesis
Adjustments Credit Column
The part of a financial or accounting document where adjustments are made to credits, increasing the value of certain accounts.
Merchandise Inventory
The inventory of products that a retailer plans to sell to customers, accounting for a critical component of its current assets.
Income Summary Account
An account used during the closing process in accounting that summarizes the revenues and expenses of a period to calculate the net income or loss.
Net Income
The net income of a company once all costs and taxes are deducted from the overall revenue.
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