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Piaget emphasized that children move gradually from one stage to another,and frequently fluctuate among stages.
Accounts Receivable
Money owed to a company by its debtors for goods or services that have been delivered or used but not yet paid for.
Chart of Accounts
An organized list of all the accounts in a company’s general ledger, used for recording transactions in the accounting system.
Income Statement
A financial document that reports a company's financial performance over a specific period, showing revenues, expenses, and net income or loss.
Balance Sheet
A balance sheet showing the total assets, financial obligations, and shareholders' equity of a company at a specific moment.
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