Examlex
Fault that requires no purposeful or conscious bad mind in the actor is
Revenue in Advance
Income received by a business for services or goods that will be provided in the future; also known as unearned revenue.
Balance Sheet
A financial statement that provides a snapshot of a company's financial condition at a specific point in time, detailing assets, liabilities, and shareholders' equity.
Prepaid Insurance
Prepaid insurance is the portion of an insurance premium that has been paid in advance and is not yet expired at the time of the balance sheet date.
End-Of-Period Spreadsheet
A document used in accounting to compile balances from ledgers for the purpose of preparing financial statements.
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