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In terms of team size,the general rule is that teams:
Normal Balances
The side of an account (debit or credit) where increases to the account are recorded; assets and expenses typically have debit normal balances, while liabilities, equity, and revenue have credit normal balances.
Perpetual Inventory System
An inventory tracking system that updates item records in real-time as transactions occur, providing a constant current inventory level.
Perpetual Inventory System
An inventory accounting system that records inventory purchases and sales in real-time.
Missing Amounts
Calculations or adjustments made in accounting to determine unknown figures in financial statements due to incomplete records or errors.
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