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Why or why is it not accurate to say that individuals evolve?
Journal Entry
A recording of financial transactions in the accounting records, detailing the accounts affected, amounts, and date.
Chart of Accounts
An organized list of all ledger account titles and numbers used by a company, detailing all transactions' recording places.
General Ledger
A comprehensive record of all financial transactions of a company, systematically organized by accounts.
Net Income
The remaining earnings of a company following the deduction of all expenses and taxes from its total income.
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