Examlex
Which one of the following is not a physical property?
Received
A term denoting that something has been accepted or collected, often used in financial transactions or in the acknowledgment of messages or goods.
Adjusting Entry
An accounting journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate period.
Fiscal Period
A specific time period used for accounting purposes and financial reporting, typically a year, broken into quarters or months.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.
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