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Why is Revenue increased on the Credit side? (Explain as it pertains to the expanded accounting equation and its relationship to Owner's Equity.)
Modernization Theory
A theory that explains the process of transformation from a traditional, rural, agrarian society to a secular, urban, industrial society.
Transnational Corporations
Corporations operating in more than one country, beyond their home country's national boundaries.
Globalization
The process of interaction and integration among people, companies, and governments worldwide, largely influenced by trade and investment and facilitated by information technology.
Overseas Travel
The act of traveling to countries that are not one's own, often for vacation, work, or study purposes.
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