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Deserts typically form at ____ latitude where ____.
Normal Balance
The side (debit or credit) of an account on which increases to the account are recorded, determined by the type of account.
Asset
Any resource owned or controlled by a business or an individual that is expected to produce value or benefit in the future.
Unearned Fees
Income received by a business for goods or services yet to be delivered or performed, considered a liability until the service or product is delivered.
Liability
A financial obligation or debt owed by a company or individual to another entity, payable in money, goods, or services.
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