Examlex
Match each scheduling abbreviation with its meaning.
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Income Statement
A financial report that summarizes the revenues, costs, and expenses incurred during a specific period, typically a fiscal quarter or year.
Balance Sheet
A financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the balance between what it owns and owes.
Prepared
The state of having something ready for use or consideration, often used in the context of financial documents or plans.
Adjusted Trial Balance
A list of all accounts and their balances after adjusting entries are made, used to prepare financial statements.
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