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Optic nerve fibers cross over in the thalamus.
Adjusting Entries
Journal entries made at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.
Income Statement
A financial statement that reports a company's financial performance over a specific accounting period, detailing revenue, expenses, and net income or loss.
Balance Sheet
A document detailing a firm's assets, liabilities, and owners' equity at a particular moment, offering an overview of its financial health.
Unearned Subscriptions
A liability account that represents payments received by a company for subscriptions that have not yet been earned because the service has not been provided.
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