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No worldwide course has the power to enforce its decrees.
Liability Account
An account on a company's balance sheet that records debts or obligations the company needs to pay in the future.
Adjusting Entry
Accounting entries recorded at the close of an accounting cycle to distribute expenses and revenues to the period they truly belong to.
Consulting Services
Professional advisory services provided to businesses and organizations to improve operations, strategy, and financial performance.
Profit Margin Ratio
A measure of a company's profitability, represented by net income divided by revenue, indicating the percentage of each dollar of revenue that results in profit.
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