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Solve the problem.
-There are 3 cards in a hat; one is a king, one is a queen, and one is an ace. Two cards are to be Selected at random without replacement. Using a tree diagram , obtain the sample space for the Experiment. Then, find the probability that a king and a queen are selected.
Debit
Amount entered on the left side of an account.
Credit
In financial terms, credit is the ability to borrow money or access goods or services with the understanding that payment will be made in the future.
Adjusting Journal Entry
A record created at the conclusion of a financial period to distribute revenues and expenses to their relevant period.
Accrued Interest
The amount of interest that has accumulated on a loan or investment but has not yet been paid or received.
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