Examlex
In the average case, an item is just as likely to be found near the beginning of an array as near the end.
Adjusting Journal Entries
Adjusting journal entries are made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
Debit Portion
The segment of a financial transaction recorded on the left side of an account, indicating an increase in assets or expenses or a decrease in liabilities or equity.
Expense Account
An account that tracks the costs incurred by a company in its operational activities, such as rent, utilities, and salaries.
Credit Portion
The segment of a financial transaction that records a decrease in assets or an increase in liabilities on a balance sheet.
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