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Studies indicate that paying employees too little reduces morale,while overpaying people improves morale.
Normal Balance
The side (debit or credit) of an account that is increased, reflecting the account's natural balance.
Asset Account
An account that records the value of assets owned by a company, such as cash, inventory, and equipment.
Financial Statement
A record that details the financial activities and conditions of a business or individual, commonly including the balance sheet, income statement, and cash flow statement.
Financial Statement
Formal records of the financial activities and position of a business, individual, or other entity, typically including the income statement, balance sheet, and statement of cash flows.
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