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How does science obtain knowledge about the world?
Intangible Assets
Non-physical assets of value to a company, such as patents, trademarks, goodwill, and copyrights.
Normal Account Balance
The typical or expected balance of an account, where asset and expense accounts are usually debit balances and liability, equity, and revenue accounts are credit balances.
Revenue Account
An account that tracks the income a company generates from its business activities.
Compound Entry
An accounting entry that involves more than two accounts, recording multiple debits and/or credits in a single transaction.
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