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Which could be a research question?
Calendar Year
A one-year period that begins on January 1 and ends on December 31, used for most financial and tax reporting purposes.
Financial Statements
Formal records of the financial activities and position of a business, person, or other entity, typically including a balance sheet, income statement, and cash flow statement.
Closing Entries
Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts.
General Ledger
A complete record of all financial activities conducted by a company throughout its existence.
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