The Stable Community That Tends to Persist in an Area

question 29

Short Answer

The stable community that tends to persist in an area after succession is known as the_________community.

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Definitions:

Balance Sheet

A financial statement that displays the assets, liabilities, and shareholders' equity of a company at a specific point in time, showing the balance of income and expenditure over the preceding period.

Income Statement

A financial report that shows a company's revenues, expenses, and net income over a specific period, indicating financial performance.

Date Line

A hypothetical line on the earth's surface, generally following the 180° longitude, where the date changes as one travels east or west across it.

Accounting Cycle

The complete process of recording and processing all financial transactions of a company, from when the transaction occurs, to its representation in the financial statements.