Examlex
Mandatory rules in the NEC contain the language ____.
Financial Statements
Summarized records of a company's financial activities and position, typically comprising the balance sheet, income statement, and cash flow statement.
Shareholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing the net assets held by shareholders.
General Journal
A general journal is an accounting ledger that is used to record all transactions of a business in chronological order, prior to their transfer into specific accounts in the general ledger.
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