Examlex
Comparing salary offers from employers located in different cities can be difficult without sufficient information on the approximate cost of living in each community.
Trial Balance
An accounting report that lists the balances of all ledgers accounts in order to ensure that total debits equal total credits.
Financial Transaction
A financial transaction refers to an agreement, or communication between a buyer and seller to exchange an asset for payment. It involves a change in the status of the finances of two or more businesses or individuals.
Unearned Revenue
Income received by an entity for services yet to be rendered or goods yet to be delivered; also known as deferred revenue.
Liability
Any type of financial debt or obligation that a company or individual owes to another party.
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