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Journal Entry
A record in accounting that represents a business transaction, indicating the effects on each affected account in debit and credit formats.
Consolidated Statement
Another term for consolidated financial statements, which combine the financial data of a parent company with its subsidiaries into a single comprehensive reporting document.
Shareholders' Equity
The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of shareholders.
Acquisition Date
The date on which control of the assets of the acquired entity is transferred to the acquirer.
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