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Explain how to determine cash flows from investing and financing activities.
Account Group
A categorization of accounts in financial reporting, often organized by similarity or function within the general ledger.
Revenue
The total income generated by a company from its business activities, such as sales of goods or services, before any expenses are deducted.
Trial Balance
A financial statement that lists the balances of all ledgers accounts to ensure that debits equal credits.
Transaction Recorded
The act of documenting a business transaction in the company's accounting records.
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