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If the torque on an object adds up to zero
Accounting Systems
Systems designed to record, process, and report financial transactions systematically and accurately for a business entity.
Journal Entry
An accounting record that documents a business transaction in the ledger, specifying the accounts affected and the amounts.
Posted Twice
Accidentally recording a financial transaction or entry in the accounting records more than once, which can lead to discrepancies and require correction.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to verify that the total debits equal total credits.
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