Examlex
Cattell and Horn called the ability to solve new and unusual problems __________ intelligence.
Equality
A principle in accounting that refers to the balance between total debits and total credits in a double-entry bookkeeping system.
Post-Closing Trial Balance
A list of all active general ledger accounts and their balances after closing entries have been posted, used to check the accuracy of closing procedures.
Closing Entries
Journal entries made at the end of an accounting period to transfer temporary accounts' balances to permanent accounts, preparing the books for the next period.
Journalized
The process of recording business transactions in the journal, which is the first step in the accounting cycle.
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