Examlex
A random sample of 64 students at a university showed an average age of 25 years and a sample standard deviation of 2 years. The 98% confidence interval for the true average age of all students in the university is
Credit
A payment subtracted from existing balance.
Day Sheet
A document used in accounting and bookkeeping that records all transactions for a particular day.
Accounts Receivable
Funds that are due to a business from its clients for products or services already provided but not yet compensated for.
Double-Entry Bookkeeping System
Double-Entry Bookkeeping System is an accounting method where every entry to an account requires a corresponding and opposite entry to a different account, ensuring the books are always balanced.
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