Examlex
After taking Ecstasy, Sheila experiences an empathogen effect. What is this effect?
Capital Account
A capital account is an account on a company's balance sheet that represents the equity investment of owners and shareholders.
Closing Entries
Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to a permanent equity account.
General Ledger
A thorough collection of financial records that documents every financial transaction undertaken by a business.
Adjustments Credit Column
The part of a financial or accounting document where adjustments are made to credits, increasing the value of certain accounts.
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