Examlex
A private investment firm that holds a portfolio of securities is called a mutual fund.
Cash
Cash in the form of coins or paper money, ready for trading or banking activities.
Beginning Balance
The amount of money or value of an account at the start of a new accounting period.
Ending Balance
The final amount in an account at the end of a reporting period, after all additions and subtractions have been accounted for.
Revenue Account
An account that records the income earned by a company from its business activities.
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