Closing Entry, Closing Inventory, COBAL, Common Business Oriented Language

Closing Entry, Closing Inventory, COBAL, Common Business Oriented Language :

Closing Entry : An entry in the record at the end of a period so that the balance of the income or the expense account is transferred to earnings in order to summarise the net difference between the income and the expenses on the owner’s equity. The closing entry sets the balance of the income and expense accounts at zero and deems it ready to accept entries for a new period, from the start

Closing Inventory : At the end of an accounting period, the available total value of all materials and supplies is known as the closing inventory.

COBAL = Common Business Oriented Language : It is a programming language, with a syntax resembling spoken English, easy to understand and used at a higher level of programming by the programmers.

Closing Entry

Letter Asking A Donation
Letter Asking A Favor
Letter Asking for More Details
Letter Asking for Donations
Letter Denying of Dealership
Letter for Change of Address
Letter for Distributorship
Letter for Employment
Letter for Hotel Reservation
Letter for Letter of Credit
Letter for Line of Credit
Letter for Product Launch
Letter for Promotion
Letter for Retirement Congrats
Letter for Scholarship
Letter for Settlement of Bill
Letter for Tender
Letter for Testimonial
Letter of Agreement
Letter of Assurance
Letter of Credit
Letter of Enquiry
Letter of Order
Letter of Persuasion
Letter of Sympathy
Letter Offering Discount
Letter Related to Advertisement
Letter Related to Despatch
Letter Related to Training
Letter to A Foreign Buyer
Letter to Pen-Friend
Letter to Police
Letter with Order
Letter with Quotation
Letter Writing
Letters about Company Shares
Letters by Clubs and Societies
Letters by Landlords & Tenants
Letters for Appointment of Dealers
Letters for Business Relations
Letters for Buying and Selling
Letters for Credit & Collection
Letters for Foreign Travel
Letters for Lease & Tenancy
Letters for Loan & Borrowing
Letters for Transfer & Assignment
Letters for Insurance
Letters Noting Discrepancy
Letters of Condolence & Sorrow
Letters of Regret
Letters Regarding Maintenance
Letters Regarding Payment
Letters Related to Employees
Letters to Local Corporation
Letters to Postal Authorities
Letters to The Editor
Letters Used in Real Estate
Letters With Postal Department
Letters With Railways Authorities

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