According to the United Nations,about 60% of All the World's

question 39

True/False

According to the United Nations,about 60% of all the world's potential for hydropower has been developed.

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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.