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Scarr and Weinberg's research on social class and IQ showed that
Credit Total
The sum of all credit entries in an account or financial transaction.
Net Income
The final profit of a business, calculated by removing all expenditures, taxes, and financial losses from the total income.
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.
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