Examlex
You discover that a species of bacteria is found in all individuals of a species of fish you have studied.It appears that this bacteria lives inside of the fish species,and that it provides this species of fish with some nutrients.What term best describes the role of this bacteria?
Revenue Account
An account that records the income generated by a business from its normal operational activities.
Adjusting Entry
A journal entry made in accounting records at the end of an accounting period to allocate income and expenditures to the appropriate period.
Taxes Payable
The amount of tax a company or individual owes to the tax authorities but has not yet paid by the end of the accounting period.
Taxes Expense
The total amount of taxes owed by an individual or corporation to the government within a fiscal period.
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