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What question did the Minimalists seem to ask with their works?
Short-Term Solvency
A company's ability to meet its short-term obligations, often assessed using liquidity ratios.
Closing Entries
Journal entries made at the end of an accounting period to transfer the balances from temporary accounts to permanent ones, preparing the books for the next period.
End-of-Period Spreadsheet
A tool, typically in spreadsheet format, used at the end of an accounting period to compile adjustments and prepare financial statements.
Adjusted Trial Balance
A list of all the accounts and their balances after adjusting entries have been made, used to prepare financial statements.
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