Examlex
The strongest evidence for __________ comes from research showing that human cells allowed to divide in the laboratory have a lifespan of 50 divisions,plus or minus 10.
Temporary Accounts
Accounts used to track transactions within a fiscal period that are then reset to zero at the start of the next period, such as revenue and expense accounts.
Retained Earnings
Part of shareholders' equity on a company's balance sheet, representing the amount of net income left over for the business after it has paid out dividends to its shareholders.
Control Account
An account used in the general ledger to summarize the balances of subsidiary accounts and facilitate the verification of financial information accuracy.
Customer Account Balances
The amounts owed to a company by its customers for goods or services delivered on credit.
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