Examlex
The future value of $200 received today and deposited at 8 percent for three years is
General Ledger
The primary accounting record of a company that contains all the financial accounts and transactions of a business.
Total Credits
The total value of all credit entries recorded in an accounting period, representing income or liabilities.
Post-Closing Trial
A trial balance prepared after all closing entries are made, serving to test the equality of debits and credits as a final check at the end of an accounting period.
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