Examlex
Which of the following was not a term of the peace treaty ending World War I?
Compound Entry
An accounting entry that involves more than two accounts, where there are multiple debits and/or credits in a single transaction.
Trial Balance
A financial worksheet that consolidates all ledger balances into debit and credit columns, verifying the mathematical accuracy of a company's accounting system.
Income Statement
A financial report that shows a company's revenues, expenses, and net income over a specific period.
Accounts Payable
Liabilities of a business that are owed to creditors for goods and services purchased on credit.
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