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Pacifism is not an option for Muslims, Hashmi notes, because the use of force is sanctioned by God as a necessary response to the existence of evil in the world.
Financial Statement
Documents that present the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.
Statement of Retained Earnings
This report outlines the fluctuation in a company’s retained earnings over a particular accounting timeframe, incorporating elements like net profits and dividend distributions.
Cash Flow Statement
A financial document summarizing the total cash received by a company from its operational activities and external investments, alongside all expenditures on operations and investments within a specific timeframe.
Equipment Account
An account on a company's balance sheet that reports the value of the company's equipment used in operations, less any accumulated depreciation.
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