Examlex
Both professional organizations and regulatory bodies have responsibility for setting guidelines for confidentiality and its limitations.
Month Ended
Refers to the closing of the accounting period, usually the last day of the month, where businesses summarize financial activities.
Unearned Revenue Account
Refers to money received by a company for goods or services yet to be delivered or performed, recognized as a liability on the balance sheet.
Debit Balance
An accounting term indicating that a particular account has more debits than credits, often referring to an account's overall debt or expenditure.
Credit Balance
In accounting, it refers to the balance on the right side of a ledger account, indicating the amount that a company owes or liabilities.
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