Examlex
Match the following:
-Brainstorming
Owner's Equity
The residual interest in the assets of the entity after deducting liabilities, representing the ownership interest of shareholders in a company.
Financial Statements
Consolidated reports detailing the financial performance and position of a company, including the balance sheet, income statement, and cash flow statement.
Inventory
The goods and materials a business holds for the ultimate purpose of resale or processing.
Perpetual Inventory System
An accounting method that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
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