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When caught, shoplifters try to rationalize their behavior. Cromwell and Thurman found widespread use of which social process theory?
Transaction
A financial event that changes the value or composition of a company's assets, liabilities, or equity.
Journal
A chronological record of all financial transactions, used to transfer information to a company's general ledger.
Accounts
Financial records that track the income, expenses, assets, liabilities, and equity of an individual or organization, forming the basis for financial reporting.
Transaction Effects
The impact of business transactions on the financial statements, including assets, liabilities, and equity.
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