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What query would you use to find items that have never sold?
Adjusted Trial Balance
A list of all accounts and their balances after adjusting entries have been made, used to prepare financial statements.
Multiple-Step Income Statement
A multiple-step income statement is a detailed financial statement that separates operating revenues and expenses from non-operating ones, showcasing a company's net income in a clear manner.
Perpetual Inventory System
A financial recording method where sales or purchases of inventory are immediately captured through the use of computerized point-of-sale systems and software for managing enterprise assets.
Gross Method
An accounting practice where purchase discounts are ignored unless taken, with full invoice amounts recorded in the accounts payable.
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