For each of the following, identify in Column 1 the balance the account will have in the adjusted trial balance columns (debit or credit), in Column 2 the financial statement column(s) in which the account balance will be found (income statement or balance sheet), and in Column 3 the effect the account will have on the determination of net income (increase, decrease, or none).
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Definitions:
Operating System
The software that manages the hardware and software resources of a computer and provides common services for computer programs.
Boot Process
The specific order a device goes through to power up, locate an operating system, and automatically load services and applications.
BIOS
Basic Input/Output System, firmware used to perform hardware initialization during the booting process of a computer.
Active Listening
The practice of paying full attention to speakers, understanding their message, and responding thoughtfully, essential in effective communication.
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