Examlex
One execution of any loop is called a(n) ____________________.
Accounting Period
A specific duration of time used for financial reporting, usually quarterly or annually.
Supplies Expense
Supplies expense is the cost of consumable items used during the operating cycle of a business, such as office supplies, which are expensed as they are consumed.
Adjusting Journal Entry
Adjustments made in the financial books at the period's end to accurately distribute profits and costs to the period they belong.
Net Income
The amount of money that remains after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from a company's total revenue.
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