Examlex
To save time,it is often best to deliver a presentation in an off-the-cuff manner (that is,"wing it"),instead of developing it in advance.
Accounting Period
A specific duration of time used for financial reporting purposes, typically a quarter or a year.
Revenue Balances
Revenue Balances relate to the residue amounts retained from earned revenues after covering all operational expenses and costs.
Expense Balances
The remaining amounts in an organization's expense accounts after all expenditures for the accounting period have been accounted for.
Adjusted Trial Balance
A listing of all company accounts that will appear on the financial statements after year-end adjustments are made.
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