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CHECK constraints cannot contain queries or any references to other tables.
Prepaid Rent
An accounting term that refers to rent payments made in advance of the rental period to which it relates, classified as a current asset on the balance sheet.
Adjusting Entries
Bookkeeping entries executed at the termination of an accounting period to apportion profits and costs to the era in which they effectively took place.
Net Income
The total profit or loss of a company after all expenses, taxes, and costs have been subtracted from total revenues.
Expenses Overstated
A situation where the recorded amount of expenses is higher than the actual amount incurred, causing an understatement of net income.
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