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Which of the following is credited as the ultimate action that thwarted a potential terrorist attack in New York City in May 2010?
Ledger Accounts
Individual records that provide in detail the transactions associated with a company's assets, liabilities, equity, revenue, and expenses.
Trial Balance
A bookkeeping report that lists the balances of all ledgers in two columns, debits and credits, ensuring that total debits equal total credits.
Debit
An accounting entry that increases asset or expense accounts, or decreases liability, equity, or revenue accounts.
Credit
An accounting entry on the right side of an account ledger, recording increases in liabilities, equity, and revenue, or decreases in assets and expenses.
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