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Accounting Period
A specific period of time used for financial reporting, typically a year or quarter, during which a company's financial performance is calculated.
Adjusting Entries
Accounting records created at the conclusion of an accounting cycle to distribute revenues and expenses to the period they truly belong.
Cash Flow Statement
A cash flow statement is a financial report that provides aggregate data regarding all cash inflows and outflows a company receives.
Deferred Expense
Deferred Expense is an expenditure that is made in advance and included in assets to be used or consumed in a future period.
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