Examlex
You only need to save an object when ________.
Adjusting Entries
Journal entries made at the end of an accounting period to update account balances before preparing financial statements.
Operating Expenses
Costs associated with the day-to-day functions of a business excluding the cost of goods sold.
Fiscal Year
A fiscal year is a one-year period designated for accounting and financial reporting purposes, differing from the traditional calendar year.
Ledger
The principal book or computer file for recording and totaling economic transactions measured in terms of a monetary unit of account by account type.
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