Examlex
How is the profit margin calculated? Discuss its use in analyzing a company's performance.
Transaction Data
Data generated from business transactions, such as sales or purchases, often used for analysis, tracking, and reporting.
Journal
An accounting record where all business transactions are initially recorded in chronological order.
Book of Original Entry
The first place where financial transactions are recorded, including journals.
Journal Entry
A record in accounting that documents a business transaction, showing the accounts impacted and the amounts debited and credited.
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