Examlex
"Perspective" refers to a set of spatial relations around a particular viewing point.
Chart of Accounts
An organized list of all accounts used in the general ledger of an organization, serving as the foundation for its accounting system.
Transposition Error
A mistake made by reversing two digits when recording data, often leading to discrepancies in financial documentation.
Trial Balance
A financial worksheet that gathers the balances from all ledgers into columns for debits and credits, ensuring both totals match.
Debit Totals
The sum of all debit entries made in a company's accounting records during a specific period.
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