Examlex
The zone of unsaturated soil and rock through which gravitational water moves is known as the zone of aeration.
Accounts Receivable
Money owed to a company by its customers for goods or services delivered but not yet paid for.
Normal Balance
The side of an account (debit or credit) that is positive or increasing; assets and expenses typically have a debit normal balance, whereas liabilities, equity, and revenues usually have a credit normal balance.
General Ledger
A comprehensive set of accounts that records all the financial transactions of a business, showing the complete financial status and results of operations.
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