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The example of the Iroquois society illustrates that a number of horticultural societies:
Revenue Account
A record that monitors the revenue a firm produces through its regular business activities.
Trial Balance
A financial report that lists all the accounts with their balances at a specific date, used to verify the equality of debits and credits in the bookkeeping system.
Ledger Accounts
Individual records that summarize all the financial transactions regarding a specific aspect of a business's financial activity, such as sales, accounts payable, or owner's equity.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal, serving as a preliminary step to financial statement preparation.
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