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Factors that can lead to worsening conditions in financial markets include increasing interest rates and asset price booms.
Transactions
Transactions refer to the exchange of goods, services, or financial assets in business activities.
Journal Entries
The method of recording financial transactions in an accounting system, where each transaction is entered twice to maintain the balance of the accounting equation.
Transactions
The events or interactions between businesses or individuals that have economic substance and can be measured in terms of money.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal, used to ensure the accounting entries are in balance.
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