Examlex
The _________________________ row is the first row of the data source table.
Debit Balance
An excess of debits over credits in an account, indicting expenses, assets, or losses.
Adjusting Entries
Entries in accounting journals, made at the termination of an accounting cycle, serve to apportion incomes and outlays to their actual occurrence period.
Unearned Revenue
Money received by an entity for a service not yet performed or a product not yet delivered. It is recorded as a liability until the service or product is delivered.
Net Income
The total profit or loss of a company after all revenues, expenses, and taxes have been accounted for.
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