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Convergent evolution uses analogous features to describe
Account
An accounting form that is used to record the increases and decreases in each financial statement item.
General Ledger
General Ledger is a comprehensive accounting record of all financial transactions that have occurred within a company over a period of time, serving as the foundation for financial statements.
Balance Sheet
A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and shareholders' equity.
Income Statement
A financial statement that shows a company's revenues, expenses, and profits or losses over a specific time period.
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