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Along with John Stuart Mill, Jeremy Bentham Was the Founder

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Along with John Stuart Mill, Jeremy Bentham was the founder of this philosophical belief that is founded on the notion of the greatest amount of good for the greatest number of people.What is the name of this philosophy?


Definitions:

Permanent Account

Accounts that carry their ending balances over into the next accounting period, typically including assets, liabilities, and equity accounts.

Statement Of Changes

A financial statement that shows how a company's equity has changed during a specific period due to various factors like profits, losses, and dividend payments.

Shareholders' Equity

The residual interest or ownership held by investors in the assets of a corporation after deducting all its liabilities.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments have been made, used to ensure that total debits equal total credits before preparing financial statements.

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