Examlex
You ____ a worksheet to emphasize certain entries and make the worksheet easier to read and understand.
Current Ratio
It's a financial ratio that calculates whether a corporation can cover its obligations that need to be paid within one year, by dividing the current assets by the current liabilities.
Plant Assets
Tangible assets that are used in the operations of a business and are not intended for resale, including buildings, machinery, and equipment.
Natural Business Year
The fiscal year that ends when a business's activities have reached the lowest point in its annual operating cycle, theoretically the most optimal time for financial reporting.
Adjusting Entry
A journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate years.
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