Examlex
Pre-main-sequence stars are above and to the right of the main sequence.
Operating Expenses
Expenses incurred during the normal functioning of a business, excluding the cost of goods sold; these can include salaries, rent, utilities, and marketing expenses.
Closing Entries
journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby preparing the accounts for the next period.
Capital Account
A financial statement that shows the changes in a company's equity throughout an accounting period, including contributions from and distributions to owners.
Withdrawals Account
An account used to track money taken out of a business by its owner(s) for personal use.
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