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The effects of modeling and imitation underlie
Debits
Entries on the left side of an accounting ledger, representing increases in assets or expenses and decreases in liabilities or equity.
Equipment
Tangible property used in the operations of a business, often contributing to the production of goods and services, and generally considered a long-term asset.
Cash
Currency and coins, along with bank balances, checks, and money orders, that are readily available for use.
Expense Account
An account that tracks money spent or costs incurred in an organization's efforts to generate revenue, representing the cost of doing business.
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