Examlex
Reconstruction (schema) theory states that in long-term memory,we are likely to store:
Revenues
The total income generated by a company from its business activities, typically from the sale of goods or services before any expenses are subtracted.
Expenses
Outflows of resources or incurrences of liabilities that a company undergoes as part of its operations to generate revenue.
Drawings
It refers to the amount of money or the value of goods taken from the business by the owner for personal use.
Withdrawal Of Cash
The act of taking out cash from a business by the owners for personal use.
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