Examlex
List four characteristics of a data warehouse.
Revenue Account Balance
The total amount of income generated from sales before any expenses are subtracted.
Expense Account Balance
The total amount recorded as expenditures by a company within a specific period, awaiting reimbursement or allocation.
Income Summary
A temporary account used in accounting to transfer revenues and expenses, summarizing the net income or loss for a period before transferring the balance to retained earnings.
Owner's Capital
The amount of equity in a company that is directly attributable to the owner(s), representing their stake in the company’s assets after liabilities have been subtracted.
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