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Use the properties of logarithms to expand the quantity.
General Journal
The primary accounting record used for recording all day-to-day financial transactions of a company.
General Ledger
The master set of accounts that summarize all transactions occurring within an entity, serving as the main source for financial reporting.
Normal Balance
The side (debit or credit) of an account that is expected to have a higher balance, according to the rules of double-entry accounting.
Debit
An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.
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