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Supplies Account
An account used to track the cost of consumable items and minor equipment used within a business operation.
Adjustment
An alteration made to financial records or statements to correct errors or account for changes.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that a company's financial transactions are correctly recorded.
Worksheet
A paper or digital document used to organize information, perform calculations, and prepare for the creation of financial statements.
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