Examlex
Typically, a database management system is managed by a person called _____, who assesses overall requirements and maintains the database for the benefit of an entire organization rather than a single department or user.
Journalize
The process of recording transactions in a journal, marking the first step in the accounting cycle.
Transactions
The act of buying or selling goods, services, or financial instruments, which can be recorded in the financial records of a business or individual.
Accounting Equation
The fundamental principle of accounting that states that Assets = Liabilities + Equity, providing the basis for double-entry bookkeeping.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, also known as shareholder's equity.
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