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When an infant uses his/her abilities to interpret others' facial and vocal expressions that carry emotional meaning,this is called
Closing Entries
Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts and prepare the company's books for the next period.
Operating Entity
An organization or firm that engages in commercial, industrial, or professional activities.
Owner's Capital Account
An account on a company's balance sheet representing the total investment made by the owner(s), minus any withdrawals.
Financial Statements
Comprehensive reports that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.
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