Examlex
Which of the following is consistent with initiating structure?
Owner's Capital
The equity in a firm attributable to the owner, reflecting the amount invested by and the earnings retained for the business owner.
Accounts Receivable
Monies owed to a company by customers for sales made on credit that are recorded as assets on the balance sheet.
General Journal
A foundational accounting record that keeps chronological entries of a company's transactions.
T-Accounts
A visual representation used in accounting to depict the debits and credits for each financial transaction affecting a particular account.
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