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What is normalization?
Income Statement
A financial report showing a company's revenues, expenses, and profits over a specific period of time.
Balance Sheet
A balance sheet is a financial statement that presents the assets, liabilities, and shareholders' equity of a company at a specific point in time, offering a snapshot of its financial condition.
Statement of Stockholder's Equity
A financial document that shows changes in the equity section of a company's balance sheet, including retained earnings and issued shares.
Accounting Equation
The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Owner's Equity.
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