Examlex
Which of the following activities is not part of data conversion?
Available-For-Sale Securities
Financial assets held by a firm that can be sold in the financial markets, not classified as held-to-maturity or trading securities.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities.
Trading Securities
Financial assets that a firm holds primarily for the purpose of selling them in the short term to profit from price fluctuations.
Adjusting Entries
Entries made at the end of an accounting period to ensure that companies follow the revenue recognition and expense recognition principles.
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