Examlex
To save a presentation,tap or click the Save button on the ____.
Capital Assets
Long-term assets acquired or controlled by a business for its continued operations and not expected to be converted into cash within a year.
Deferral Method
An accounting method in which revenue or expenses are deferred to a future period to better match income with the expenses incurred to generate it.
Restricted Contribution
A donation or contribution to a nonprofit organization that has specific conditions or restrictions on its use by the donor.
Fixed Assets
Fixed Assets are long-term tangible assets, such as buildings, machinery, and equipment, used in the operation of a business and not expected to be converted to cash in the next year.
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