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Main memory is an example of volatile memory.
T Account
A visual representation of a general ledger account that helps in understanding the effects of transactions on each account.
Copyrights
Legal rights granted to creators for the protection of their original works, preventing unauthorized reproduction, distribution, or alteration.
Credit Side
The right side of an accounting ledger where credits are recorded, typically indicating an increase in liabilities or revenues or a decrease in assets or expenses.
Journalizing
The process of recording transactions in a journal. This is the first step in the accounting cycle, where financial transactions are initially recorded.
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