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Consolidated Financial Statements
Financial reports that aggregate the financial position and operating results of a parent company and its subsidiaries.
Common Stock
A type of security that represents ownership in a corporation, granting the holder a share in the company's profits and losses.
Consolidation Entry
Journal entries made in the consolidation process to adjust and eliminate intercompany transactions between parent and subsidiary entities in consolidated financial statements.
Inventory Transfer
The process of moving goods from one location to another within the same business entity.
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