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Adjusted Trial Balance
A list of all accounts and their balances after adjusting entries have been made, serving as a check that the total debits equal the total credits before financial statements are prepared.
Accrued Fees
Fees that have been incurred but not yet paid, representing a liability on the balance sheet until they are settled.
Journalized
The act of recording a transaction in an accounting journal.
Vertical Analysis
A method of financial statement analysis in which each entry for each of the three major categories (assets, liabilities, and equities) in a balance sheet is represented as a proportion of the total account.
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