Examlex
A revenue account normally has a debit balance.
Total Assets
The sum of all assets owned by a company, including cash, investments, equipment, and property, as recorded on the balance sheet.
Accounts Receivable
Receivables from clients to a corporation for goods delivered or services rendered, pending payment.
Cash
A company's most liquid asset, consisting of currency held and deposits in bank accounts, used for transactions or as reserve for future payments.
Liabilities
Economic responsibilities or liabilities a corporation has towards others, necessitating settlement over time by transferring assets such as cash, products, or services.
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