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You have just purchased a Samsung Galaxy Tab 2 tablet device.As you head home from the store,you brood about whether your choice was right or whether you should have bought an Apple iPad mini after seeing an ad for it on TV.This is most likely an example of
Debit Total
The sum of all debit entries made in an account or in the general ledger.
Credit Total
The sum of all credits entered into an accounting system during a specific period.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs, also known as the bottom line.
End-of-Period Spreadsheet
A financial summary prepared at the close of an accounting period, emphasizing the consolidation and reporting of financial results and activities.
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