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An Account in Which the Balance Is Not Carried Over

question 24

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An account in which the balance is not carried over from one accounting period to the next is called a


Definitions:

Organization Achieve

The successful accomplishment of goals and objectives by a group or an entity, often through effective planning, leadership, and management.

Anglicized

Made to resemble or adopt characteristics of the English language or British culture.

Ethnic Group

A community or population made up of people who share a common cultural background or descent.

Racial Diversity

The inclusion and representation of individuals from different racial and ethnic backgrounds within an organization, community, or society.

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