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Sliding
A term often used in various contexts to describe a gradual, steady movement or shift from one position or condition to another.
Accounting Cycle
A sequence of steps undertaken in a specific order by businesses to handle their financial transactions from their inception to their inclusion in the financial statements.
Recording Journal Entries
The process of documenting all financial transactions of a business in the double-entry accounting system through debits and credits.
Posting
The act of recording financial transactions in the appropriate ledger accounts as part of the accounting process.
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