Examlex
Put the following in the currently accepted order:
Balance Sheet
A financial outline showing the holdings, debts, and the portion belonging to shareholders of a company on a certain date.
Adjustment
Modifications made to financial records to correct errors, align with accounting standards, or reflect changes due to transactions or events.
Fixed Assets
Long-term tangible assets that a firm owns and uses in the production of its income and is not expected to be converted into cash in the short term, such as buildings, machinery, and land.
Depreciation
A method in accounting that spreads the expense of a tangible asset across its lifespan.
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