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For counterbalancing errors, restatement of comparative financial statements is necessary even if a correcting entry is not required.
Equation
A mathematical statement expressing the equality of two expressions, typically involving variables and constants.
Factoring
The process of breaking down an equation or expression into simpler components that, when multiplied together, return the original equation or expression.
Trinomial
A polynomial consisting of three terms, typically expressed as ax^2 + bx + c.
Factor
A number that divides another number without leaving a remainder.
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