Examlex
Objects can be grouped into a(n) _________.
Balance Sheet
A financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time.
Balance Sheet Columns
The sections of a balance sheet which typically include assets, liabilities, and shareholders' equity.
Drawing Account
An account used to record withdrawals made by a business owner or partner from the company for personal use.
Balance Sheet Debit
An entry on the left side of a balance sheet, typically indicating an increase in assets or a decrease in liabilities or equity.
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