Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.

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Legal Definitions - books

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The young man knows the rules, but the old man knows the exceptions.

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Definition of books

Books are financial records that a company keeps to track its income, expenses, sales, and profits. These records include files, invoices, accounting records, and more. They are important for preparing annual statements and for submitting financial information to the appropriate authorities.

For example, in Georgia, corporations are required to keep proper books and records of all their income, expenditures, and receipts. They must submit these books for inspection by the state auditor each year. Similarly, in California, anyone who knowingly makes false statements in a credit union's financial reports or refuses to allow the books to be inspected can be charged with a felony.

Overall, books are essential for keeping track of a company's finances and ensuring that they are in compliance with legal requirements.

A lawyer is a person who writes a 10,000-word document and calls it a 'brief'.

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Simple Definition

Books are important financial records that companies keep to track their money. These records include things like invoices, sales records, and profit calculations. They help the company keep track of how much money they make and spend. It's important for companies to keep accurate books so they can report their finances to the government. In some states, like Georgia and California, it's even required by law. If someone lies in the books or refuses to let them be inspected, they can get in big trouble.

Justice is truth in action.

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Study hard, for the well is deep, and our brains are shallow.

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