Examlex
Solve for the weighted average cost of capital:
Transposition
The accidental rearrangement of digits of a number. Example: 152 → 125.
Error
A mistake in recording transactions or in financial statements, often requiring adjustments or corrections.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.
Journalized
The process of recording financial transactions in a journal before they are posted to ledger accounts.
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