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Encoding and rehearsal enhance memory.
Credit Balance
The amount of money that a company or individual has available in their account, indicating a situation where the total credits exceed the total debits.
Accounts
Financial records of an organization that represent transactions and their effects on its assets, liabilities, and equity.
Chart of Accounts
A structured list of all the accounts in a company’s general ledger, which records all financial transactions.
Journal Entry
A record in the books of accounts that represents a transaction and its effect on various accounts.
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