Examlex
Internal control includes ________.
Owner's Capital Account
A financial record that represents the owner's invested capital plus the total earnings minus the withdrawals made by the owner.
Year-End Balance
The final amount of money in an account at the end of a financial year, after all transactions and adjustments have been accounted for.
Accounts Receivable
Represents the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Supplies
Items used in the operation of a business that are consumed or are not permanent, such as paper, pencils, and cleaning materials.
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