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Outline William Ryan's position with respect to responsibility for poverty.
Ledger
A comprehensive collection of all accounts used by an organization, showing the changes made to each account due to transactions, and the current balance.
Journal
An accounting record where all transactions are initially recorded using the double-entry bookkeeping system before they are transferred to accounts in the general ledger.
Debt Ratio
A financial ratio that measures the extent of a company’s leverage, calculated by dividing total liabilities by total assets.
Liabilities
Financial obligations a company owes to external parties, including loans, accounts payable, and mortgages.
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