Examlex
Psychologists use the term divergent thinking to refer to the ability to generate new solutions to problems.
Financial Leverage
The use of borrowed funds to increase the potential return of an investment, which also increases the risk.
Posting Reference Column
A column in journals and ledgers where account numbers related to specific transactions are recorded for tracking purposes.
Ledger Accounts
A complete record of all the financial transactions over the life of a company, organized by account.
Journal Entries
Recorded transactions or adjustments in the financial records of a company, marking the debit and credit of accounts affected by business operations.
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