Examlex
Use the Vigenère cipher with the key word SPRING to encrypt the message APRIL SHOWERS.
Periodic Inventory System
An inventory accounting method where updates to inventory levels are made at specific intervals, not continuously.
Ending Inventory
The value of the goods still available for sale by a company at the end of an accounting period.
Retained Earnings
The portion of net earnings not paid out as dividends but retained by the company for reinvestment.
Year-end Balance Sheet
A financial statement that lists a company's assets, liabilities, and equity at the end of its fiscal year.
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