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Accounting Records
Documents and books that capture all financial transactions of a business, used for tracking its financial health and compliance.
Accounting Information Processing Cycle
The series of steps followed in the accounting process to record, classify, summarize, and report a business's financial transactions.
Adjusting Entries
Journal entries made at the end of an accounting period to allocate income and expenditure to the appropriate period for a more accurate financial statement.
Earnings Per Share
A financial metric that measures the net income earned per share of a company's outstanding stock.
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