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Discuss the treatment of unused general business credits.
Office Furniture
Items of movable equipment that are used in an office setting for functional or decorative purposes.
Documentary Evidence
Written or printed records that are used to support the transactions recorded in the accounting system.
Trial Balance
An accounting report that lists all the balances of each ledger account at a point in time to ensure that debits equal credits as part of the double-entry bookkeeping system.
Adjustments
Modifications made to financial statements to correct errors, account for omitted transactions, or bring the statements in line with Generally Accepted Accounting Principles (GAAP).
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