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Which school of thought in psychology tried to explain how specific behaviours and mental processes help a person adapt to the environment?
Fair Value
The estimated market value of an asset or liability, based on current prices in an open market.
Financial Statements
Formal records that outline the financial activities and condition of a business, including balance sheets, income statements, and cash flow statements.
Adjusted Trial Balance
A list of all account titles and balances after adjustments are made, used to verify the equality of debits and credits and prepare financial statements.
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