Examlex
A technological advance in the production of the first good increases the opportunity cost of the first good in terms of the second good.
Journalize
The process of recording financial transactions in a company’s journal, marking the first step in the accounting cycle.
Reconciling Items
Entries made to adjust or reconcile differences between two sets of records or accounts.
Bank Statement
A document provided by a bank that summarizes an account holder's financial transactions and balances over a specified period, typically monthly.
Cash Balance
The amount of cash that a company or an individual has available at any given time.
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