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The campaign for global justice:
Post-closing Trial Balance
A financial statement listing all accounts and their balances after closing entries are made, ensuring that debits equal credits.
Accounting Cycle
The process that begins with analyzing and journalizing transactions and ends with the post-closing trial balance.
Accounting Cycle
The collective process of recording and processing the accounting events of a company, from the initial transaction to the preparation of financial statements.
Analyzing Transactions
The process of examining financial transactions to determine their impact on the financial status of an entity.
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