Examlex
A special indorsement does not specify a particular indorsee.
Liability Accounts
Financial accounting ledgers that record amounts owed to creditors or suppliers.
Debits
Accounting entries that increase asset or expense accounts, or decrease liability, equity, or revenue accounts.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.
Journalizing
The process of recording financial transactions in a journal or diary, marking the first step in the accounting cycle.
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