Examlex
What element does X represent the symbol ?
Contra Accounts
Accounts used to offset or reduce the balance of another account, usually appearing on the balance sheet.
Merchandiser
A business or person that purchases goods for resale at a profit.
Debit Balances
Accounts on the left side of the double-entry bookkeeping system that typically include assets and expenses, increased by debits.
Adjusted Trial Balance
A statement showing the balances of all accounts, including adjustments, at the end of an accounting period to ensure the total debits equal total credits.
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