Examlex
_____________ refers to the degree of discontinuous change that occurs within the industry.
Closing Entry
An accounting transaction recorded at the end of an accounting period to transfer the balances of temporary accounts to permanent ones.
Capital
Refers to financial assets or the financial value of assets, such as funds held in deposit accounts and/or funds obtained from special financing sources.
Adjusted Trial Balance
A list of all accounts and their balances after adjusting entries have been made, used in preparing financial statements.
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