Examlex
Which of the following is NOT an example of cross-tolerance?
Drawing Account
An account used to record withdrawals of business assets by the owner for personal use, reducing the capital account.
Salary Expense
The cost incurred by a company for the payment of regular salaries to its employees.
Accrued Salaries
Salaries that have been incurred but not yet paid by the end of a financial period, representing a liability for the business.
Closing
The process of finalizing accounting records at the end of an accounting period, including updating accounts and preparing financial statements.
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