Examlex
What is a business cycle? What are its phases and turning points?
Sales Tax Rate
The percentage of sales price that businesses must collect from customers and remit to governmental agencies as sales tax.
QuickBooks Lists
Features within QuickBooks software that organize data into manageable categories like vendors, customers, and inventory items for easy access and management.
Opening Balance
The opening balance is the amount of funds in an account at the start of a new accounting period, carried over from the end of the previous period.
New Account
The initial setup or registration of an account in a financial system or online service.
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