A(n)____________________ Is an Unbending Intention,a Single-Mindedness of Purpose That Promises

question 3

Short Answer

A(n)____________________ is an unbending intention,a single-mindedness of purpose that promises to overcome all obstacles regardless of how you may feel at any particular moment.

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Definitions:

Liability Account

An account recording a company's debts or obligations arising from past transactions or events.

Posting

Posting is the process of recording financial transactions from the journal to the respective ledger accounts, providing a detailed account of all business operations.

Journal

A detailed record where all financial transactions of a business are initially recorded before summarizing them into accounts.

General Journal

A basic accounting ledger used to record all the financial transactions of a business.