Examlex
The active listening skills used when you listen to the spoken word are ________ when you "listen" to what people say in their writing.
Contra Asset Account
A type of account that reduces the total value of a related asset account on a company's balance sheet.
Asset-Expense Relationship
The correlation between a company's assets and expenses, indicating how asset utilization incurs costs.
Prepaid Expense Adjusting Entries
Journal entries made at the end of an accounting period to account for expenses paid in advance but which relate to future accounting periods.
Supplies Expense
An account that represents the cost of supplies used during an accounting period, which are not held for resale.
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