Examlex
The post-closing trial balance contains only permanent accounts.
Traditional View
A perspective or belief that is rooted in long-standing customs, practices, or values.
Existential Import
In logic, existential import refers to the implication that the subjects of a statement necessarily exist. It is crucial in understanding categorical propositions.
Modern View
Current or contemporary perspectives and understandings in a particular field or on a particular topic.
Existential Import
In logic, refers to the assumption that a statement implies the existence of the subject it mentions.
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