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Journal
A record where all financial transactions are initially recorded, using debits and credits, before being posted to individual accounts.
Increase Side
Refers to the side (debit or credit) of an account that is used to increase its balance, varying by account type.
Normal Balance
The side (debit or credit) on which increases are recorded in an accounting ledger; varies depending on the account type (asset, liability, equity, revenue, or expense).
Post Reference Column
A column in journal and ledger accounts that helps in cross-referencing entries between these two accounting records.
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