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Suppose you own $15,000 of personal property, $5,000 of stock in ABC Corporation, a $1,000 certificate of deposit, and $10,000 of government bonds. If ABC goes bankrupt, the most you could lose is
Worksheet
An accounting tool used for planning and preparing financial statements, often in the form of a spreadsheet.
Chart of Account Order
The systematic arrangement of accounts within a chart, typically organized by type and number.
Worksheet
A paper or electronic document used by accountants to compile and analyze financial data ahead of the preparation of financial statements.
Permanent Accounting Record
A permanent accounting record is a documented history of a company's financial transactions that are kept for long-term reference and compliance purposes.
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