Examlex
Which example illustrates overregularization?
Chart Of Accounts
An organized list of all accounts in a business entity's financial statements, used to classify and record financial transactions.
Debit And Credit
Accounting terms representing increases or decreases in accounts, used to record transactions in the double-entry bookkeeping system.
Trial Balance
A financial statement that checks the balance of all debit and credit entries in a company's accounting ledger to ensure accuracy.
Ledger Accounts
Individual records that provide in detail the transactions associated with a company's assets, liabilities, equity, revenue, and expenses.
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