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Evaluate expression without using a calculator.
Financial Statement
Formal records that outline the financial activities and condition of a business, individual, or other entity.
Normal Balance
The side (debit or credit) of an account that is expected to have a higher balance, indicating its usual increase direction.
Account Nature
Refers to the classification of an account as either an asset, liability, equity, revenue, or expense, which dictates its role and presentation in financial statements.
Normal Balance
The side of an account on which increases are recorded, typically the debit side for assets and expenses, and the credit side for liabilities, equity, and revenue.
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