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Your Worksheet Appears with a Reduced View of Each Page

question 28

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Your worksheet appears with a reduced view of each page and blue dividers where new pages begin.What view are you in?


Definitions:

Income Statement

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

Trial Balance

An accounting report that lists the balances of all ledgers accounts to verify that the total debits equal the total credits, used for internal purposes to check for errors.

Ledger

A book or collection of financial accounts in which transactions are recorded.

Journal

A chronological record of all financial transactions, used as the initial place of entry for such transactions in the accounting system.

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