Examlex
Technician A says both MG1 and MG2 are used to power the drive wheels in a Toyota hybrid drive system. Technician B says only MG1 is used to drive the wheels. Who is correct?
Supplies Expense
An accounting term denoting the cost of consumable items used during a reporting period but not directly associated with goods sold.
Adjusting Entry
A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the appropriate years.
Telephone Bill
A periodic charge for the use of telephone services, often including the cost of calls, subscription fees, and taxes.
Accounts Payable
Money owed by a company to its creditors or suppliers for goods and services received but not yet paid for.
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