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Whose stage theory of moral development was based on how people reasoned about ethical dilemmas?
Permanent Accounts
Accounts that carry their ending balances over to the next fiscal year, including asset, liability, and equity accounts, foundational for understanding a company's financial health.
Balance Sheet
A financial statement that displays a company's financial position at a specific point in time, listing assets, liabilities, and equity.
Final Entries
The journal entries recorded at the end of an accounting period to prepare accounts for the next period or for the preparation of financial statements.
Temporary Accounts
Accounts used to collect information during a specific accounting period and are closed at its end, such as revenues, expenses, and dividends accounts.
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