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Caleb was employed by a local bank.He left the company voluntarily after he ended a personal relationship with Alyssa,the branch manager,who was his boss.When a prospective employer contacted the bank for a reference,Alyssa told him that Caleb had been fired for misconduct.Caleb did not get the job.In this case,Caleb has a cause of action for ________.
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.
Debit
An entry in the accounts that represents an increase in assets or expenses or a decrease in liabilities, equity, or revenue in a double-entry bookkeeping system.
Salary Expense
The total amount paid by a business to its employees for their services over a specific period.
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