Examlex
Which of the following is a correctional facility, usually operated by county government and is used tohold persons either awaiting trial, those whohave been found guilty of misdemeanors, or those convicted of a felony and are awaiting a bed in a state-level prison facility?
GAAP
Generally Accepted Accounting Principles, the standard framework of guidelines for financial accounting in the U.S.
Income Statement Accounts
The accounts that report the revenues, expenses, gains, and losses of a company, which are used to calculate the net income on the income statement.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to check for accuracy.
List of Accounts
A comprehensive list that includes all of a company's accounts and account numbers used within its accounting system.
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