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The first hominid species to spread beyond Africa was ________.
Perpetual Inventory Method
An inventory management system that continuously updates the quantity and value of inventory on hand and sold, using real-time data.
Financial Statements
Reports summarizing the financial performance, position, and cash flows of a business for a specific period, including balance sheet, income statement, and statement of cash flows.
Contra Accounts
Accounts used in accounting to reduce the value of a related account to derive its net balance; examples include accumulated depreciation.
Normal Balances
The side of an account (debit or credit) where increases to the account are recorded; assets and expenses typically have debit normal balances, while liabilities, equity, and revenue have credit normal balances.
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