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Risk management approaches with offenders differ significantly from therapy delivered to other client populations seeking help for psychological and behavioural problems. Differences include the nature of correctional treatment goals, the lack of attention to problems not causally related to the problem behaviour and
Post-closing Trial Balance
A financial report created after all adjusting and closing entries are made, showing account balances ready for the next accounting period.
Closing Entries
Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts, thereby preparing the accounts for the next accounting period.
Correcting Entry
A journal entry made in the accounting records to amend an error or oversight in previously recorded transactions.
Accounts Payable
Financial obligations a company has to its suppliers, recorded as liabilities on the business’s financial statement.
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