Examlex
Which of the following is a useful benchmark for information systems?
March 31
The date which marks the end of the first quarter in the calendar year for many financial and academic institutions.
Accounting Equation
The fundamental principle of accounting that states assets equal liabilities plus owner's equity, providing the basis for double-entry bookkeeping.
Electric Bill
A monthly statement that quantifies and charges for electricity consumption.
Balance Sheet
A financial statement showing a company's assets, liabilities, and shareholders' equity at a specific point in time.
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