Examlex
Which of the following words is misspelled word?
Income Statement
A financial report that shows a company's revenues, expenses, and profits over a specific period.
Debits and Credits
Accounting terms used to record changes in accounts, where debits are entries on the left side of an account and credits are entries on the right.
Adjusting Entries
Journal entries made at the end of an accounting period to update accounts for accuracies in preparation for financial reporting.
Closing Entries
Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent ones.
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