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Lotteries allocate resources to
Journalized
Journalized is the process of recording transactions in a journal, detailing the financial activities and changes in accounts in a chronological order.
Cash Flows
This refers to the total amount of money being transferred into and out of a business, affecting the company's liquidity.
Adjusted Trial Balance
A trial balance prepared after all adjustments, including accruals and deferrals, have been made to ensure debits equal credits before financial statements are prepared.
Comparative Balance Sheets
Financial statements that present the financial position of a company at different points in time for comparison.
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