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Capital
Refers to the financial assets or resources that individuals or businesses use to fund their operations and investments.
Closing Entries
Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts.
Post-closing Trial Balance
A list of all balances remaining in an organization's accounts after the closing entries have been made, serving as a check to ensure that debits equal credits.
Post-closing Trial Balance
A financial statement prepared after closing entries are made, listing only the balance sheet accounts with non-zero balances.
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