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method for recording transactions in the books of a business: for every debit entry there is a corresponding credit entry.
person or business that pays people to do a job or work or provide a service
a report to the shareholders of a company, compiled by the directors, on the state of the...
(also called year-end adjustments) adjustments the business makes to accounting entries at the...
profit calculated as gross product minus all operating costs not included.
inventory system where a record is kept of the movement of stock in and out of businesses...