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Compared with small teams, large teams usually
Expenses
Economic costs that a business incurs through its operations to earn revenue.
Trial Balance
A bookkeeping report that lists the balances in each general ledger account at a specific point in time, used to check the accuracy of bookkeeping entries.
Debit Column
The side of an accounting ledger where increases in assets, expenses, and withdrawals are recorded.
Credit Column
is a section in financial statements or ledgers where increases in liability, equity, and revenue accounts or decreases in asset and expense accounts are recorded.
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