Chapter 8 Word Scramble
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| Term | Definition |
| Work sheet | A working paper used to collect information from the ledger accounts in one place |
| Ruling | Means drawing a line under column of accounts |
| Matching principle | Requires matching expenses incurred in an accounting period |
| Net income | The amount of revenue that remains after expenses for the period have been subtracted |
| Net loss | Decreass owners equity |
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