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The winner-take-all system of allocating electoral votes (for all but two states)
Adjusting Entries
Journal entries made in accounting to update the records for expenses and revenues that have been incurred but not previously recorded.
Unadjusted Trial Balance
A listing of all the accounts and their balances from the general ledger before any adjusting entries are made, used to ensure credits and debits match.
Closing Entries
Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts and prepare the company's accounts for the next period.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, often referred to as shareholder's equity or owner's equity.
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