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studycard
Question | Answer |
---|---|
The length of time for which a business summarizes and reports financial information. | fiscal period |
A columner accouting form used to summarize the general ledger information needed to prepare financial statements. | work sheet |
A proof of equality of drbits and credits in a general ledger. | trial balance |
Changes recorded on a work sheet to update gerneral ledger accounts at the end of a fiscal period. | adjustments |