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Worksheet
A paper or digital document used to organize and simplify the preparation of financial statements or for planning purposes in accounting.
Adjusting Entries
Journal entries made at the end of an accounting period to update account balances before preparing financial statements.
Financial Statements
Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.
Journalized
The process of recording transactions in a journal before they are posted to the general ledger in accounting.
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