Examlex
The concept of the "spillover effect" refers to ______.
Beginning Balance
The amount of money or value of an account at the start of a new accounting period.
Ending Balance
The final amount in an account at the end of a reporting period, after all additions and subtractions have been accounted for.
Revenue Account
An account that records the income earned by a company from its business activities.
Debit
A bookkeeping record that raises the value of an asset or expense, or reduces the value of a liability or equity.
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