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What is a private cloud? Describe how a private cloud is created and the security it provides?
Business Transaction
An economic event or activity that changes a company's financial position or earnings, often involving exchanges of value.
Gain
Gain refers to an increase in the value of an investment or asset, resulting in a financial profit when the asset is sold or valued.
Loss
A financial condition in which expenses exceed revenues, resulting in a negative balance.
Accounting Books
Official ledgers or books that record all financial transactions of a business, forming the basis for the company's financial statements.
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