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Why did the Gandhara and Amaravati schools eventually decline?
Adjusted Trial Balance
A list of all the accounts and their balances after adjusting entries have been made, used to prepare financial statements.
External Reporting
The process of providing financial statement information to external stakeholders such as investors, creditors, and regulatory agencies.
Statement of Income
A financial document that shows a company's revenues, expenses, and profits or losses over a specific period of time.
Cash Equivalents
Short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.
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