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entry in the right-hand side of an accounting record using the double entry principle. A credit entry decreases an asset or expense account and increases capital, liability or a revenue account.
final account that shows all other income and expense accounts.
(also called indirect cost, factory overhead cost or factory overhead expense) expense linked to...
GAAP principle that means that the business takes into account income and costs incurred in the...
(also called final adjustments) adjustments the business makes to accounting entries at the end...