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If two variables contain aliases of the same object then
Normal Balance
The side (debit or credit) of an account that increases its balance, reflecting the account's role in the accounting equation.
Financial Statement
A formal record of the financial activities and position of a business, individual, or other entity, detailing assets, liabilities, revenue, and expenses over a specific period.
Permanent/Temporary
Used to classify accounts, with permanent accounts being those that carry their balances over into the next fiscal year, and temporary accounts being closed at the end of the fiscal year.
Normal Balance
The typical or usual balance of an account, which can be a debit for asset and expense accounts, or a credit for liability, equity, and revenue accounts.
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