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A sink can be filled by the cold water faucet in 3 minutes. The drain can empty a full sink in 6 minutes. If the sink is empty and both the cold water faucet and the drain are open, how long will it take the sink to overflow? __________ minutes
Posting Reference Notation
A symbol, number, or letter added to ledger entries to identify the source document or journal where the transaction was first recorded.
Ledger
A comprehensive collection of accounts that records all financial transactions of a business, organized to show the financial status and activities.
Account Number
An account number is a unique identifier assigned to an account held by a bank, financial institution, or service provider to differentiate it from other accounts.
Assets
Assets are resources owned or controlled by a business, expected to produce economic value or future benefits.
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