Examlex
All of the following provide evidence for continental drift except:
Accounting Period
A specific time period for which financial information is reported, often a quarter or a year.
Supplies Expense
Supplies expense refers to the cost associated with items consumed or used up in the operation of a business, which are not directly part of the manufactured product.
Income Statement
A financial document that summarizes a company's revenues, expenses, and profits or losses over a specific period.
Prepaid Expense
Expenses paid in advance for goods or services to be received in the future, recorded as an asset on the balance sheet until they are incurred.
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