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Paula gave an online presentation to the executive committee yesterday.She debriefs by focusing on her perceptions and reactions as well as those of others.Paula likes to use ______.
Accounting Equation
The foundational principle of accounting that maintains that assets equal the sum of liabilities and owner's equity.
Equity
Ownership interest in a company, representing the amount of assets that would be returned to shareholders if all debts were paid.
Balance Sheets
Financial statements that show the assets, liabilities, and equity of a company at a specific point in time, providing a snapshot of its financial position.
Transactions
Economic events that affect the financial position of a company, involving the transfer of value between two or more entities.
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