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Why has immigration been an essential element of globalization?
Equipment Account
An account on a company's balance sheet that reports the value of the equipment that the company owns.
Beginning Balance
The amount of money in an account at the start of a new accounting period.
Credit Side
The section of an account where increases in liabilities, income, and equity are recorded, as opposed to the debit side, which records increases in assets and expenses.
Normal Credit Balance
The usual balance side of an account that increases its value, typically used for liabilities, revenues, and equity accounts.
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