Examlex
Because the use of new information technologies can change how well the sales job is done, their use should be left to individual sales reps.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.
Credit Column
In accounting, the column in ledgers or financial statements where credits are recorded, typically indicating a decrease in assets or an increase in liabilities.
Liabilities
Financial obligations or debts a company owes to others, such as loans, accounts payable, and mortgages.
Assets
Resources owned by a company that have economic value and are expected to provide future benefits.
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