Examlex
A parent whose two school-age children have asthma asks the nurse in what sports,if any,they can participate.The nurse should recommend:
Credited
An accounting entry that increases a liability or equity account, or decreases an asset or expense account.
Permanent Accounts
Accounts in the general ledger that are not closed at the end of the accounting period, including asset, liability, and equity accounts.
Closing Entries
Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts.
Revenue
The aggregate revenue from selling goods or services, which constitute a firm's central business functions.
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