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FILL-IN: Two common methods of organizing the supporting material in an essay are
emphatic order and ____________________ order.
Normal Balance
The side (debit or credit) of an account that increases its value, reflecting the conventional balance based on accounting rules.
Financial Statements
Documents that give an overview of a business's financial condition in both short and long term, including but not limited to, income statements, balance sheets, and statements of cash flows.
Worksheet
A worksheet is often a piece of paper or a digital document used by accountants to prepare adjustments and end-of-period financial statements.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period of time, leading to its net income or loss.
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