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Chart Of Accounts
An organized list of all accounts in a company's financial system, which is used to classify transactions.
Financial Statement Order
The sequence in which the key financial documents are prepared, typically including the income statement, balance sheet, statement of cash flows, and statement of retained earnings.
Debits And Credits
Fundamental accounting concepts that are used in double-entry bookkeeping, where debits must equal credits in every transaction.
Journal Entries
Accounting records that document all financial transactions in the order they occur, ensuring accurate tracking of business operations.
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