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Some features on Mars attributed to flooding may have been caused by temporary heating events like
Prepaid Insurance
An asset account on the balance sheet representing insurance payments made in advance for coverage that will extend over a future period.
T Account
A visual representation used in accounting to depict the debit and credit sides of an account, helping in the preparation of financial statements.
Credit Balance
A situation where the total credits in an account exceed the total debits, often indicating the amount owed to a creditor.
Debits
Accounting entries that increase an asset or expense account, or decrease a liability or equity account, on a company's balance sheet.
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