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Accounting is a crucial aspect of the economy that involves recording, classifying, and summarizing financial transactions. The balance sheet and P&L statement are two key documents used to track a company's financial health and performance. The balance sheet shows a company's assets, liabilities, and equity, while the P&L statement shows its revenue, expenses, and net income.
 To Center |
Balance Sheet |
 To Periphery |
P&L Statement |
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