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Unearned Revenue
Refers to payments received for products or services yet to be fulfilled, a liability on the balance sheet until delivery of service or product.
Financial Statements
Reports that provide detailed information about a company's financial performance and position, including the balance sheet, income statement, and cash flow statement.
Adjusted Trial Balance
A listing of all the accounts and their balances after adjustments have been made to reflect final balances for an accounting period.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure that a company's books are in balance.
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