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In C++, strings of characters cannot be compared.
Prepaid Expenses
Items such as supplies that will be used in the business in the future.
Current Assets
Assets that a company expects to convert into cash, sell, or consume within one year or during its operating cycle, whichever is longer.
Post-closing Trial Balance
A summary listing of all company accounts that remain after closing entries have been made, serving as a check that debits equal credits.
Owner's Capital Account
An equity account on the balance sheet representing the total amount of investment made by the owner(s) in the company, including profits retained in the business.
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