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Financial Statement
Documents that present an organization's financial performance and position, including the balance sheet, income statement, and cash flow statement.
Normal Balance
The part of an account, whether debit or credit, that is used to log increases in the account's value.
Account Nature
Refers to the classification of an account as either an asset, liability, equity, revenue, or expense.
Recorded Voucher
A documented voucher that has been entered into a financial accounting system.
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