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Revaluation
The process of adjusting the carrying value of an asset or liability to reflect its current market value.
Journal Entries
Records that detail all the financial transactions of a business, used in the double-entry bookkeeping system.
Accounting Standards for Private Enterprises
Specific accounting guidelines tailored for private companies to ensure transparency, comparability, and clarity in financial reporting.
Dividends
Distributions of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.
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