Examlex
Suppose that Aretha grew up in New York but currently works in California as a Human Resources Director. While she tries to be unbiased when reviewing job applications, she knows that she has a tendency to favor applicants from New York over other applicants. That is, she tends to engage in ____.
Rent Expense
An accounting term that refers to the cost incurred by a company to utilize property or equipment for business operations, typically recognized over the lease term.
Adjusting Entry
An entry made in the books of accounts to correct or allocate incomes and expenditures to the appropriate accounting periods.
Debit
A financial record that leads to a rise in a company's assets or a reduction in its liabilities on the balance sheet.
Credit
An accounting entry that increases liabilities or equity or decreases an asset or expense.
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