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Lactase
Chart Of Accounts
A list of all the accounts used by a business, organized by their unique account numbers, used for organizing financial transactions and preparing financial statements.
Recording Transactions
The act of documenting financial activities in the accounting records of a company.
Financial Statement
A formal record of the financial activities and position of a business, individual, or other entity, typically including balance sheets, income statements, and statements of cash flows.
Accounting Year
A specific period of 12 months over which a company's financial and tax records are calculated, not necessarily aligning with the calendar year.
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