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Dolly Salem owns and operates a bakery in Charleston,South Carolina.She maintains a file that lists the sequence of procedures required to make each of her famous cakes and cookies.These instructions are examples of a(an)
Trend Income Statement
An income statement that shows several years of financial data in a horizontal format, making it easier to identify trends and patterns.
Sales
The total amount of goods or services sold by a company during a specific period.
Trend Balance Sheet
A financial statement that shows how the assets, liabilities, and equities of a company have changed over a period of time.
Balance Sheet Item
An individual entry, such as assets, liabilities, or equity, that appears on the balance sheet, detailing a company's financial position at a specific point in time.
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