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The last quasar probably died out a billion years ago, for none lie within a billion light-yearsof us.
Credit
An accounting entry that increases liabilities and equity or decreases assets, reflecting a transaction such as the sale of goods on account.
Balance
The amount of money in a financial account, or the difference between the total debits and credits recorded in an account.
Reference Column
A column in financial documents or reports that is used to cross-reference or provide additional information related to a specific entry.
Journalizing
The process of recording financial transactions in a journal, detailing accounts affected, amounts, and dates.
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