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The ________________ valve separates the right atrium and ventricle,and the ________________ valve separates the left atrium and ventricle.
Income Summary
An account used in the closing process that summarizes the revenues and expenses for a fiscal period, determining the net income or loss.
Owner's Capital
The total value of equity that a business owner has invested in their company, which may increase through profits or additional contributions.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within a year or within the business's operating cycle, whichever is longer.
Prepaid Insurance
An asset account that represents insurance payments made in advance for future coverage periods.
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