Examlex
An igneous rock with a mixed texture of coarse grains (phenocrysts) surrounded by fine crystals (groundmass) is termed ____________.
Short-term Obligations
Financial liabilities that are due for payment within one year.
Normal Balance
The side of an account (debit or credit) that is expected to have a higher balance based on the accounting equation.
Asset Account
An account on a balance sheet representing tangible or intangible items of value owned by a company.
Trial Balance
A ledger balance sheet summarizing all accounts, showing equal totals for both credit and debit columns.
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