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Which pair of elements from different groups resemble each other the most in their chemical properties
Equity Securities
Equity securities are financial instruments that represent ownership in a company, such as stocks, giving holders the right to a proportion of the company’s profits.
Fair Value Accounting
is a financial reporting approach where companies value their assets and liabilities at estimates of their current market prices.
GAAP
Generally Accepted Accounting Principles, which are standards and procedures companies follow in preparing financial statements.
Valuation Allowance Accounts
Accounts used to reduce the carrying value of assets to an amount that approximates their fair value, especially when it is impossible to realize the entry value.
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