A Segment of Code That Defines an Action Is A(n)____________________

question 49

Short Answer

A segment of code that defines an action is a(n)____________________.

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Definitions:

Advance

A payment made before it is due or for goods and services yet to be received.

Income Summary

An account to which all revenue and expense accounts are transferred at the end of an accounting period to summarize the results of operations for that period.

Normal balance

The side of an account (debit or credit) where increases in the account are recorded, depending on the account type.

Inventory balance

The total value of all goods and materials held by a company intended for sale or production.