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Sixty-four percent of elementary school principals are female. This figure is substantially higher than that of secondary schools, where it drops to 30%. To what do you attribute the female majority among elementary school principals? To what do you attribute the glaring drop off in secondary schools?
Adjusting Entry
A journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate period for a more accurate financial report.
Salaries Payable
An accounting liability representing the amounts owed to employees for work performed but not yet paid.
Adjusting Entry
Journal entries made at the end of an accounting period to update account balances to their correct amounts before the preparation of financial statements.
Interest Receivable
An accounting term representing the interest income that has been earned but not yet received in cash.
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