Talk About:  Christopher Columbus​

question 85

Essay

Talk about:  Christopher Columbus​

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the correct period.

January

The first month of the year in the Gregorian calendar, often associated with new beginnings and resolutions.

Biweekly Salaries

Salary payments made to employees every two weeks, often resulting in 26 pay periods in a year.

Fiscal Period

A specific time frame, usually a year, used for accounting purposes and preparation of financial statements.