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Thomasson tells us that "In short, if the ontological status of the referent were really left completely ontologically indeterminate, the term couldn't function as a standard work-name at all."
Ledger Accounts
Records within accounting systems that collect data and transactions related to a specific asset, liability, equity, revenue, or expense.
Calendar Year-End
The end of the annual accounting period that coincides with the end of the calendar year, typically December 31.
Post-Closing Trial Balance
A financial statement listing all the accounts and their balances after closing entries are made, ensuring the accounts are ready for the next accounting period.
Adjusted Trial Balance
A report that lists all accounts and their balances after adjusting entries are made, ensuring that debits equal credits.
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