Examlex
In the accompanying image of Microsoft Excel 2016, box A points to an _____.
Unearned Revenue
Money received by a company for goods or services that have yet to be provided to the customer.
Accrued Wages
Salaries or wages that have been earned by employees but have not yet been paid by the company.
Net Income
What a company ultimately earns in profit once expenses and taxes are removed from its total income.
Adjusting Entries
Journal entries made in the accounting records to correct or update financial information before the preparation of financial statements.
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