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In classic Christian mythology, when God accuses Adam and Eve of eating from the forbidden tree, Adam blames Eve for giving him the apple and Eve blames the serpent. Neither Adam nor Eve wants to take credit for disobeying God, though if God had wanted to reward them for something they probably would have been happy to say they were responsible. Adam and Eve have displayed
Transaction Analysis
The examination of a business transaction to understand its effects on the financial statements.
Cash Flows
The inflows and outflows of cash and cash equivalents, indicating a company's liquidity and financial health over a period.
Transactions Identified
The process of recognizing and documenting specific financial events in the appropriate accounting period.
Accounts Used
Refers to specific accounts in the general ledger that are impacted by transactions and financial events of a business.
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