Examlex
Which of the following describes the scientific study of the causes and prevention of crime and the rehabilitation and punishment of offenders?
Owner's Capital Account
An account that represents the total equity or ownership interest of the owner(s) in a business, reflecting contributions and withdrawals.
Closing Entries
Entries recorded at the conclusion of an accounting cycle to shift balances from temporary to permanent accounts.
Ledger
A book or other collection of financial accounts where all transactions are summarized and recorded.
Balance Sheet
A financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time, offering a snapshot of its financial condition.
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