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Chart of Accounts
A systematic listing of all accounts used in the ledger of an organization, categorized by assets, liabilities, equity, revenue, and expenses.
Re-sort List
The action of organizing or rearranging items in a list according to a different criterion or sequence.
Fixed Asset
Long-term tangible property that a company owns and uses in its operations to generate income, such as buildings, machinery, and equipment.
Owner's Equity
The total value of a business owned by its owners, calculated as the business's total assets minus its total liabilities.
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