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(also called final adjustments) adjustments the business makes to accounting entries at the end of the accounting period to ensure that the presentation of financial statements is accurate
expense that includes raw materials and carriage and freight charges.
an asset that the business owns over a long term such as land and buildings non-current...
set of written reports that describe the financial position of a business on a specific day....
process of comparing two sets of records to ensure that figures agree and are accurate