Examlex
MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Software priced on a per use basis that allows an allocated number of persons to use it at one time
Accounting Cycle
The collective process of recording and processing the accounting events of a company, from when the transaction occurs, to its representation in the financial statements, followed by closing the accounts.
Accounting Equation
Assets equal liabilities plus owners’ equity.
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