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X-rays can be admitted and discussed by a witness using the same procedures for ordinary photographs.
Time Period Assumption
An accounting principle that allows the business activities to be divided into artificial time periods for financial reporting.
Adjusted Trial Balance
A listing of all company accounts that will appear in the financial statements after adjustments have been made for journal entries.
Current Liability
An obligation due to be paid within a year, including accounts payable, short-term loans, and other similar debts.
Notes Payable
Financial obligations represented by promissory notes, where the borrower agrees to pay back a specified sum of money on demand or at a determined future date.
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