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Why is the term "working memory" now preferred over "short-term memory"?
Debits
Entries made on the left-hand side of an accounting ledger, typically indicating increases in assets or expenses or decreases in liabilities, equity, and income.
Credits
Entries in accounting that represent the transfer of value and can decrease assets or increase liabilities and equity.
Account Balance
The amount of money in a financial repository at any given time, which can be a positive or negative value.
Chart of Accounts
An organized list of all the financial accounts in a company's accounting system.
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