Examlex
__________ is a code that must be inserted in a file in order for it to be displayed on the World Wide Web.
Journal Entry
A record in the accounting ledger that represents a transaction and its effect on various accounts, used for tracking and organizing financial data.
Accrual
Accrual is an accounting method that records revenues and expenses when they are earned or incurred, regardless of when the cash transaction actually takes place.
Adjusting Journal Entry
An accounting entry made in the general ledger at the end of an accounting period to record any unrecognized income or expenses for the period.
Accrual
The recognition of revenue or expenses that have been earned or incurred but not yet recorded or paid, following the accrual basis of accounting.
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