Examlex
Compare the conventional (typical) antipsychotics, such as chlorpromazine (Thorazine) and haloperidol (Haldol), with the atypical antipsychotics, such as clozapine Clozaril and risperidone (Risperdal), in terms of their efficacy in the treatment of schizophrenia and most common and important side-effects.
Journalizing
The process of recording transactions in a journal before they are posted to ledger accounts.
Posting Closing Entries
The process of transferring the balances of temporary accounts to permanent accounts at the end of an accounting period to prepare the books for the next period.
Financial Statements
Reports that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.
Real Accounts
Also known as permanent accounts, these include assets, liabilities, and equity accounts which are not closed at the end of the accounting period and their balances are carried forward.
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