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Trial Balance
A financial worksheet that consolidates all ledger balances into equal debit and credit columns for each account.
Journal Entries
Recorded business transactions in the accounting records of a company, listed in the general journal.
Adjusting Journal Entries
Entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
Closing Journal Entries
Entries made in the accounting records at the end of an accounting period to transfer balances from temporary to permanent accounts.
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