Examlex
Identify the following term(s).
-Vishnu
Fetuses
A developing human from roughly eight weeks after conception until the time of birth.
Merchandise Inventory
Goods and products a company holds for the purpose of resale in the ordinary course of business.
Income Summary
An account to which the revenues and expenses are transferred at the end of an accounting period to calculate the net income or loss for the period before transferring this balance to owner's equity.
Purchases
Purchases refer to the acquisition of goods or services by a company for use in its operations or for resale to customers.