Examlex
All of the following examples are classified as potential energy EXCEPT
Journal Entries
Recorded transactions in the accounting system, documenting financial changes in accounts.
Percent of Sales
Percent of sales is a financial analysis tool that helps in estimating how certain accounts, like revenue and expenses, will vary in proportion to changes in sales.
Bad Debts
Debts that are not recoverable and are written off as a loss by the business because they cannot be collected.
Journal Entries
Journal entries are the recordings of financial transactions in the books of accounts, serving as the primary input in the accounting system.
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