Examlex
MATCHING
Match each description with the item below.
-Anthony Johnson
Assets
Resources owned or controlled by a business from which future economic benefits are expected.
Salaries Expense
The total amount spent by a business on salaries for its employees during a specific period, typically reported on the income statement.
Service Fees Earned
Income recognized by a company for services it has provided to clients.
Account Changes
Adjustments made to accounts to update or correct their balances, which might include error corrections, adjustments, or updates.
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