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Zelda is an REBT therapist working with a client named Linda. After first identifying Linda's core irrational beliefs, the second step that Dr. Zelda will take in Linda's therapy is to:
Accounting System
A structured process of collecting, recording, summarizing, and interpreting financial information of a business.
Adjusting Entries
At the close of a financial period, journal entries are created to distribute earnings and costs to the period in which they genuinely took place.
Adjusted Trial Balance
is a listing of all company accounts that will appear on the financial statements after making end-of-period adjustments.
Reversing Entry
An accounting entry made at the beginning of an accounting period to reverse or cancel out a previous adjusting entry.
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