Examlex
When creating a file,you must adhere to specific rules which are called file-naming ____________________.
Assets
Assets that a business possesses or controls, anticipated to yield future economic advantages.
Liabilities
Financial obligations or debts that a company owes to others, arising during the course of its operations.
Goods or Services
Products or activities provided by a business to customers in exchange for payment.
Revenue Recognition Principle
Revenues are recognized when the company transfers promised goods or service to customers in the amount it expects to receive.
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