Examlex
A flowchart that depicts the relationships among the input,processing,and output of an AIS is
Goods
Physical items that are sold or traded, typically manufactured products or raw materials.
Business Transaction
An economic event with a third party that is recorded in an organization's accounting system.
Total Assets
The complete sum of everything a company owns or controls that has economic value, shown on the balance sheet.
Owner's Equity
Owner's equity is the residual interest in the assets of the entity after deducting liabilities, representing what the owners or shareholders own outright.
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