Examlex
In a list implementation of a queue,the end of the list at which elements are added is called
Normal Balance
The side (debit or credit) on which increases to the account are recorded, depending on the account type.
Financial Statement
Documents that provide an overview of a company's financial condition, including balance sheets, income statements, and statements of cash flows.
Permanent/Temporary
Describes assets or accounts within financial contexts; permanent assets or accounts are long-term and not expected to be converted into cash within a year, while temporary accounts track revenues, expenses, and dividends and are closed at the end of the fiscal year.
Periodic Inventory System
An inventory accounting system where updates to inventory levels are made on a periodical basis rather than transaction by transaction.
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