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Term of the Day
balance sheet account
closing entry
contra asset account
Definition
This area refers to the where the
total
amount
of the
balance sheet
is on a
financial statement
.
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Popular 'Accounting' Terms
current ratio
equity
working capital
asset
EBITDA
revenue
net income
negotiable
net profit
net worth
Related Terms
post-closing trial balance
closing entry
contra asset account
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