________ Are Required at the End of the Accounting Period

question 158

Short Answer

________ are required at the end of the accounting period because certain internal transactions and events remain unrecorded.

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Definitions:

Flowing-Water Ecosystem

A river or stream ecosystem.

River

A natural flowing watercourse, usually freshwater, flowing towards an ocean, sea, lake, or another river.

Freshwater Wetlands

Areas of land covered by fresh water for part of or all of the year, characterized by distinct plant and animal communities.

Marshes

Wetland areas often inundated with water, characterized by soft, waterlogged soil and aquatic plants.