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When Jeremy was asked which political system he would prefer to live under, he said that he would like to live in a system that spreads power amongst the masses. Jeremy prefers:
Debit
An entry recorded on the left side of an accounting ledger that increases an asset or expense account, or decreases equity, liability, or revenue accounts.
Credit
An accounting entry that either increases a liability or equity account, or decreases an asset or expense account.
Internal Report
Documents generated within an organization for the purpose of informing internal stakeholders about business performance and operations.
Debit Balances
Financial account balances resulting from total debits exceeding total credits, common in asset and expense accounts.
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