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Children with attention deficit disorder do best in a loosely structured environment.
Expense Account
An account used to track money spent or costs incurred in the operation of a business, contributing to the overall expenses.
Owner's Capital
The total equity or financial contribution provided by the owner(s) of a business.
Prepaid Insurance
An asset account that represents payments made for insurance coverage before the coverage period.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure accuracy.
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