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Determine the slope and y-intercept of the function.
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Normal Credit Balance
The expected balance type for certain accounts in the general ledger, such as liabilities, equity, and revenue accounts.
Revenue
The income a company generates from its business activities, typically from the sale of goods and services to customers.
Liabilities
Economic obligations or debts that a business owes to external parties, which must be settled over time through the transfer of economic benefits.
Accrual Basis Accounting
A method of accounting that records revenues when earned and expenses when incurred, regardless of when cash is exchanged.
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