Examlex
List and describe uses of computers in home automation.
Revenue Account
An account that tracks the income earned by a company from its operational activities, excluding expenses.
Fees Earned Account
An income account that records the revenue earned from services provided or fees charged.
Capital Account
An account on the balance sheet representing the cumulative amount of the company's earnings, investment, or losses.
Income Summary
An account in the ledger used to summarize revenues and expenses for a period, helping to determine the net income or loss.
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