Examlex
Which of the following are support software tools used for logical and technical modeling and writing software?
Long-Term Debt
Debt obligations that are due more than one year into the future, often used to finance or expand operations.
Operating Cycle
The time it takes for a business to purchase or produce inventory, sell the product, and collect cash from the sale.
Post-Closing Trial Balance
A list of all accounts and their balances after closing entries have been made, used to check the equality of debits and credits and prepare for the next accounting period.
Owner's Equity Statement Accounts
Reports detailing changes in the owner's equity account for a period, showing contributions, withdrawals, and the period's profit or loss.
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