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Which of the following is an example of a legal-rational institution?
Real Accounts
Accounts that represent assets, liabilities, and equity, and whose balances are carried over from one fiscal year to the next.
Adjusted Trial Balance
A list of all company accounts and their balances after adjustments are made, used for preparing financial statements.
Equity Accounts
Financial accounts that represent the owner's interest in a company, including common stock, preferred stock, and retained earnings.
Statement of Stockholders' Equity
A financial statement that outlines the changes in the equity section of the balance sheet during a specific period, including investments by and distributions to shareholders.
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