One or Two Words in Each Sentence Should Be Omitted

question 228

Short Answer

One or two words in each sentence should be omitted or corrected.  Write the word or words that should be omitted or the correction in the blank. We are hardly never late. ​

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Definitions:

Unadjusted Trial Balance

A list showing the balances of all ledger accounts before any adjustments are made, used as the first step in preparing financial statements.

Financial Statements

Documents that provide an overview of a company's financial condition in both short-term and long-term contexts, including the balance sheet, income statement, and cash flow statement.

Adjustment for Depreciation

The accounting process of allocating the cost of a tangible asset over its useful life to account for the reduction in value over time.

Balance Sheet

A financial statement that displays a company's financial position at a specific point in time, showing assets, liabilities, and equity.