Examlex
_____ text often provides a strong visual appeal.
Income Statement
The income statement, also known as a profit and loss statement, provides a summary of a company's revenues, costs, and expenses incurred during a specific period, illustrating the company's financial performance.
Statement of Retained Earnings
A financial document that summarizes the changes in retained earnings for a specific period, factoring in net income and dividends paid.
Adjusted Trial Balance
A list of all accounts and their final balances after adjusting entries have been made, used to prepare financial statements.
Unadjusted Trial Balance
A financial document listing all the accounts and their balances at a particular date, before any adjustments are made.
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