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Assume that Congress passes a statute that bans the use of personal watercraft on any body of water before 8:00 a.m.and after 9:00 p.m.Congress based its passage of the law on its authority to regulate interstate commerce because it believed that fewer persons would buy personal watercraft because of this law.In a constitutional challenge,most likely:
Trial Balance
A bookkeeping report that lists the balances in each of an organization's general ledger accounts at a specific point in time.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure that total debits equal total credits.
Journal Entry
A record in the books of accounts that represents each business transaction, detailing the accounts and amounts to be debited and credited.
Debit
An entry recorded on the left side of an accounting ledger that increases an asset or expense account, or decreases equity, liability, or revenue accounts.
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