Examlex
Use a semicolon within a sentence to introduce a list of items or to emphasise a single, final element of a sentence.In both cases, the clause preceding the semicolon must be independent.
Balance Sheet
A balance sheet is a financial statement that provides a snapshot of a company’s financial position at a specific date, showing assets, liabilities, and shareholders’ equity.
Current Asset
Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of a business.
Periodic Inventory System
An accounting method where inventory values and cost of goods sold are determined at the end of an accounting period.
Merchandise Inventory
refers to the goods available for sale to customers in the retail and wholesale industries.
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