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Marbury v. Madison established
Normal Balance
The typical or usual balance of an account, which can be a debit for asset and expense accounts, or a credit for liability, equity, and revenue accounts.
Financial Statement
Comprehensive reports that provide information regarding a company's financial performance and condition.
Permanent/Temporary
Categories that differentiate between enduring or long-term elements and those expected to last for only a limited period.
Natural Resource Cost
The initial cost of acquiring and preparing natural resources for extraction, not including exploration or development.
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