Examlex
According to Cohen, the "delinquent boy" adopts a set of norms in direct opposition to middle-class values.
Prospective
Relating to or effective in the future, often used in planning and forecasting scenarios.
Adjusting Entry
A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.
Depreciation Expense
The portion of the cost of a fixed asset that is considered consumed in each period of the asset's useful life.
Retrospective Adjustments
Adjustments made to the financial statements of prior periods when adopting a new accounting principle, as if that principle had always been applied.
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