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____ software serves as the interface between the user, the application software, and the computer's hardware.
Adjusting Entries
Journal entries made at the end of an accounting period to update account balances before preparing financial statements.
Financial Statements
Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.
Journalized
The process of recording transactions in a journal before they are posted to the general ledger in accounting.
Income Summary Account
A temporary account used in the closing process that aggregates all income and expense accounts to determine net income or loss for a period.
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