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Capital Account
An account on the balance sheet that represents the equity or ownership interest of owners in the business.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.
Balance Sheet
A financial record that outlines the value of a company's assets, its liabilities, and the equity belonging to investors, at a particular time.
Financial Statement Items
These are line items or components found in financial statements like the balance sheet, income statement, and cash flow statement, representing financial performance and position.
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