Examlex
How does fluid intelligence differ from crystallized intelligence?
Journal Entries
The method by which transactions are entered into an entity's accounting records, showing the financial effects of transactions in a double-entry bookkeeping system.
Adjusted Trial Balance
An inventory of every account, including updated balances following the posting of adjusting entries, that serves as the basis for generating financial statements.
Trial Balance
A bookkeeping report that lists all the balances in each account ledger in two columns, debits and credits, ensuring that total debits equal total credits.
Adjusting Entries
Entries made in accounting books at the end of the cycle to rightly allocate the period's earnings and financial outgoings.
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