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____________________ Read-Only Memory Is Similar to PROM,but Its Contents Can

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____________________ read-only memory is similar to PROM,but its contents can be erased and reprogrammed.


Definitions:

Account Balance

The amount of money in a financial repository, such as a bank account, at any given time.

Journal

A detailed record where all financial transactions of a business are initially recorded before being transferred to accounts in the general ledger.

Ledger

A comprehensive collection of all accounts and their transactions used in the accounting system of a business.

Chart

In finance and accounting, often refers to graphical representations of data, such as financial charts for analysis.

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