Examlex
All of the following took place in the nations of Europe during World War I except
Various Accounts
Different types of accounts managed within accounting, including assets, liabilities, equity, expenses, and revenue accounts.
Petty Cash Fund
A petty cash fund is a small amount of cash on hand used for paying expenses too small to merit writing a check.
Cash Short
A situation where the actual cash on hand is less than the expected amount, usually identified during cash reconciliation.
Journal Entry
An entry made in a journal that records a specific financial transaction, including amounts, accounts affected, and a description.
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