Examlex
Please define the following key terms. Show Who? What? Where? When? Why Important?
-Zionism
Supplies Account
The Supplies Account is a record that tracks the costs of consumable items used by a business in its operations, which may include office supplies, small tools, and cleaning products.
Assets
Resources owned or controlled by a business or individual, which are expected to provide future economic benefits.
Expenses
Costs incurred in the operation of a business; these are necessary for the company to generate revenues.
Financial Reports
Documents that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements, among others.
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