Examlex
An example of a member of the class Anthozoa of the phylum Cnidaria is:
Revenue Accounts
Accounts used in accounting to record the company's income from its operations or activities.
Expense Accounts
Expense accounts track the costs incurred by a business in the course of its operations, such as utilities, rent, and payroll.
Adjusted Trial Balance
A list of all accounts and their balances after adjustments, used in the preparation of financial statements.
Closing Entry
An accounting procedure used to transfer balances from temporary accounts to permanent ones at the end of an accounting period, thereby preparing the temporary accounts for the next period.
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