Examlex
All of the following are benefits of decentralization EXCEPT
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that the total debits equal the total credits.
Kitchen Equipment
Kitchen equipment includes the tools and appliances used in the preparation, cooking, and storage of food in a kitchen setting.
Accounts Payable
A liability account on the balance sheet representing money owed by a company to its creditors or suppliers for purchases made on credit.
Credit Column
The section of an accounting record where increases in liabilities, revenues, and equity accounts are recorded.
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