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What were the effects of the Middle Passage on both slave traders and slaves?
Credit
The granting of a loan and the creation of debt; any form of deferred payment.
Normal Balance
The typical side (debit or credit) on which an account increases, depending on the type of account.
Debit Balance
A balance in a financial account where the total debits exceed the total credits, common in asset and expense accounts.
Account
A record that summarizes all transactions related to a particular item or entity, used in financial accounting to track financial changes.
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