Examlex
A sale on account is recorded as a debit to Service Revenue and a credit to Accounts Receivable.
Cell Phones
Portable electronic devices that enable users to make voice calls, send text messages, and access various multimedia and internet services.
Comparative Advantage
The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors.
More Efficiently
implies improving productivity or performance using fewer resources or achieving better outcomes in a shorter time frame.
Trade Surplus
A condition in which a nation's exports surpass its imports, signifying a favorable trade balance.
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