Examlex
An endangered frog species lives in only a few forest patches found throughout the Pacific Northwest of the United States. The Pacific Northwestern United States is its _____ and the forest patches are its _____.
Adjusting Entry
A journal entry made at the end of an accounting period to record unpaid expenses or revenues that have accrued, ensuring the accounts reflect the true financial position.
Purchased
Acquired goods or services in exchange for money or other compensation, indicating a transaction where ownership changes hands.
Payroll
Payroll is the total sum of all compensation a business must pay to its employees for a set period or on a given date, including salaries, wages, bonuses, deductions, and withholdings.
Adjusting Entry
A journal entry made in accounting to update the balances of accounts at the end of an accounting period.
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