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The Child Development Project is an example of
Operating Entity
An organization or firm that engages in commercial, industrial, or professional activities.
Owner's Capital Account
An account on a company's balance sheet representing the total investment made by the owner(s), minus any withdrawals.
Financial Statements
Comprehensive reports that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.
Total Debits
The sum of all debit entries recorded in the accounting ledger, reflecting assets or expenses that have increased.
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