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Read the following scenario and answer the question below.
Pablo and Johanna have to do a yearlong study for their biology course. After some discussion, they decide to try comparing their dogs and the diet that they feed them. Each has a dog from the pound, and both dogs are less than one year old. Pablo feeds his shepherd-mix dog a special diet of wet and dry foods from the local vet, while Johanna uses generic dry kibble from the supermarket for her bulldog. They want to see which diet results in bigger, healthier, faster -growing dogs.
-When they write up their initial proposal, the instructor will probably ______________
Normal Balance
The side of an account (debit or credit) that is expected to have a higher balance based on the accounting rules.
Financial Statement
A formal record of the financial activities and position of a business, person, or other entity, typically including balance sheet, income statement, and cash flow statement.
Normal Balance
The side (debit or credit) of an account that is usually increased. For example, assets have a normal debit balance, while liabilities have a normal credit balance.
Financial Statement
Documents that provide an overview of a company's financial condition, including balance sheet, income statement, and cash flow statement.
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