Examlex
The term five-point veteran refers to the number of years that a veteran served in the armed forces that can be applied toward federal retirement.
Adjusted Trial Balance
A compilation of all corporate accounts set to feature in the financial reports post adjustments for journal entries.
Debit Total
The debit total represents the sum of all debit entries recorded in an account during a financial period.
Credit Total
The sum of all credit entries in an account or financial transaction.
Net Income
The final profit of a business, calculated by removing all expenditures, taxes, and financial losses from the total income.
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