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How do populations most commonly change over time?
Adjusted Trial Balance
A list of all accounts and their balances after adjustments are made, used to prepare financial statements.
Income Statement
A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues and expenses to show net profit or loss.
Balance Sheet
A financial report summarizing a firm's financial status at a particular moment, detailing its assets, debts, and owners' equity.
Ledger
A comprehensive collection of a company's financial transactions, organized by account, used in the double-entry bookkeeping system.
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