Examlex
Defects that are caused by inherited characteristics are known as
General Ledger
The master set of accounts that summarizes all transactions occurring within an entity, serving as the main accounting record.
Journal Entry
A record in accounting that notes the details of a financial transaction as it happens.
Stockholders' Equity
Represents the residual interest in the assets of a corporation after deducting liabilities. It typically includes common stock, preferred stock, retained earnings, and treasury stock.
Balance Sheet
A report detailing a corporation's assets, liabilities, and equity of its shareholders at a certain moment.
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