Examlex
The Weather Channel reported that normal snowfall is 138.44 inches for Lexington County. This winter the following snowfall occurred: How much was the snowfall below normal?
Trial Balance
An accounting report that lists all the balances of the general ledger accounts of a company at a particular point in time to check the accuracy of bookkeeping entries.
Source Documents
Original records that provide evidence of financial transactions, such as invoices, receipts, and contracts.
Objective Evidence
Information that can be verified through empirical data, observation, measurement, and other forms of data that are not influenced by personal feelings or opinions.
Ledger
A comprehensive collection of a company's financial accounts, where transactions are recorded using a double-entry bookkeeping system.
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