Examlex
What is defined as the selective passage of solvent molecules through a porous membrane from a more dilute solution to a more concentrated solution?
Closing the Revenue
The process of transferring the balances from revenue accounts to a permanent equity account at the end of an accounting period.
Capital Account Balance
The amount in a company or partnership's capital account, representing ownership interest in the entity.
Withdraws
Money taken out of a business by its owner(s) for personal use.
Partnership
A business structure where two or more individuals share ownership, as well as the profits or losses of the business.
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