Provide a Definition of Each of the Follow Accounting Terms

question 142

Essay

Provide a definition of each of the follow accounting terms.
$$\begin{array} { | l | l | } \hline \text { Accounting Term } & \text { Definition } \\\hline \text { Chart of accounts } & \\\hline \text { Posting } & \\\hline \text { Normal balance } & \\\hline\end{array}$$

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Definitions:

Boycotts

Organized refusal to buy, use, or participate in something as a form of protest or to exert pressure for change.

Taft-Hartley Act

A 1947 United States federal law that restricts the activities and power of labor unions, also known as the Labor Management Relations Act.

Prohibits

Officially forbids or disallows a certain action, behavior, or practice by law or regulation.

Coercing Employees

The act of compelling employees to act or not act under threat, pressure, or intimidation, often in the context of labor relations.