Examlex
Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms.Match each phrase with the best term by placing the letter designating the term in the space provided.
-____ Resources owned by a company.
Personal Withdrawal
It refers to the money taken out of a business by its owner(s) for personal use, often considered as a draw against the owner's equity.
Post. Ref.
An abbreviation for "posting reference," used in accounting ledgers to indicate the connection or correlation between journal entries and the accounts they affect.
Revenue Journal
A specialized journal used to record the sales of services or goods on credit.
Accounts Receivable
Funds that a company's customers have not yet remitted for products or services that have been provided.
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