Examlex
Matching
Match each correct item with the statement below.
-A device that changes the form of electrical energy in some way.Four common types are inverter,rectifier,transformer,and voltage regulator.
Equality
In a business context, equality refers to ensuring fair treatment and opportunities for all employees, stakeholders, and customers, regardless of their background or personal characteristics.
Debits And Credits
Debits and Credits are accounting entries used to record transactions in the company’s books, where debits increase asset or expense accounts and decrease liability, equity, or revenue accounts; credits do the opposite.
Ledger
A comprehensive collection of a company's financial accounts, transactions, and balances, organized within a book or computer system, serving as the principal component of the double-entry bookkeeping system.
Journalizing
The process of recording financial transactions in the journal as part of the accounting cycle.
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