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Percentage Analysis
A financial analysis technique that evaluates the proportion or percentage change of individual components in financial statements over time.
Adjusting Entry
Accounting records created at the closing of a fiscal period to distribute expenses and revenues to the time they were truly incurred.
General Journal
A basic accounting ledger used to record all types of accounting transactions before they are transferred to specific accounts in the general ledger.
Cash Receipts Journal
A specialized accounting journal used in the double-entry bookkeeping system to keep track of all cash transactions that increase (debit) the cash account.
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