Examlex
The first factories that appeared in Great Britain in 1740, concentrated on the production of ________.
Accounts
Financial records of a company's transactions, categorized into assets, liabilities, equity, revenue, and expenses.
Generally Accepted Accounting Principles
A set of accounting rules and standards used in the preparation of financial statements to ensure consistency and comparability.
Double-entry System
An accounting technique which records each transaction as both a credit and a debit in different accounts, ensuring the accounting equation remains balanced.
Logical Method
A reasoned, systematic approach to solving problems or making decisions, often based on a sequence of steps or a set of established principles.
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