Examlex
Which word is least likely to be the first word uttered by an English-speaking infant?
Adjusting Entries
Journal entries made in accounting records at the end of an accounting period to update the accounts for accruals and deferrals.
Income Statement
A financial statement that shows a company's revenue and expenses over a specific period, resulting in net income or loss.
Cost of Goods Sold
Direct expenditures associated with the manufacture of products sold by a firm, covering materials and workforce.
Journal Entries
The records of financial transactions in the double-entry bookkeeping system, each of which must have a debit and a credit.
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