Examlex
When an image is floated to the right or left of elements containing text content, the effect is to wrap the text around the image.
Normal Balance
The side (debit or credit) of an account that is expected to have a higher balance based on the account type.
Service Revenue
Income earned by a company through the provision of services to customers, as opposed to selling goods.
Rent Expense
The cost incurred by a business or individual for leasing a property or space.
General Ledger
A comprehensive set of accounts that records all financial transactions of a business, showing assets, liabilities, equity, revenue, and expenses.
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