Examlex
Negative ions such as chloride and phosphate are pulled out of the filtrate by the positive charge established by the sodium that was actively transported into the blood.
Accrual
An accounting principle that recognizes revenues and expenses when they are incurred, regardless of when cash transactions occur.
Adjusting Journal Entries
Entries made at the end of an accounting period to update balances of revenues and expenses to reflect the correct amounts earned or incurred during a period.
Accrual
A financial recording approach that logs income and expenditures at the time they occur, irrespective of the actual cash transaction timing.
Adjusting Journal Entry
A type of journal entry made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.
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