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Pauline would like to be a full-time college student. However, she also would like to work full-time. She is a single mother and would prefer to not have her child in day care. The state of tension that Pauline feels is most accurately labeled
Investments
Investments refer to assets or items acquired with the intention of generating income or appreciating in the future.
Trial Balance Totals
The cumulative sum of all debits and credits in a trial balance, which should equal to ensure the ledger is balanced.
Normal Balances
The side (debit or credit) of an account that is expected to have a positive balance.
Financial Statements
Formal records of the financial activities and position of a business, person, or other entity, including the balance sheet, income statement, and statement of cash flows.
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