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Because pharmacists have been typically been viewed as very trustworthy professionals, more effort and research has focused on them in order to protect the public from something they might not be aware of.
Adjusted Trial Balance
A statement that lists all the accounts and their balances after adjusting entries are made, used to prepare financial statements.
Financial Statement Column(s)
Columns in financial statements that organize data, such as assets, liabilities, and equity, to convey a company's financial position or performance.
Net Income
The net income of a business following the subtraction of all costs and tax obligations from its total earnings.
Periodic Inventory System
A method of inventory management in which the inventory levels are updated and cost of goods sold is calculated periodically at the end of a reporting period.
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