Examlex
Solifluction is the downslope movement of soil particles resulting from freeze/thaw cycles.
Income Summary
Income Summary is an account to which all income statement accounts are transferred at the end of an accounting period to calculate the net profit or loss.
General Ledger
The main accounting record of a company that uses double-entry bookkeeping, containing all the financial accounts and statements.
Subsidiary Ledger
A ledger containing detailed information for accounts in the general ledger, such as customers or inventory, facilitating more detailed tracking and management.
Accounts Receivable
Money owed to a company by its customers for goods or services delivered or used but not yet paid for.
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