Examlex
________ evidence of the existence of a problem or outstanding management performance is provided by ratio analysis.
Accounts Classified
The organization of accounts into categories within financial statements, typically as assets, liabilities, equity, revenue, and expenses.
Ledger
A book or collection of financial accounts where all transactions are recorded, usually divided into debits and credits.
Financial Statements
Reports that provide an overview of a company’s financial condition, including the balance sheet, income statement, and cash flow statement.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that a company's bookkeeping system is mathematically correct.
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