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The direction of a gravitational field is
Accounting Records
Documents and books that capture all the financial transactions of a business or individual.
Closing Process
The procedure in accounting that involves the transfer of all income and expense account balances to the retained earnings to prepare the ledger for the next accounting period.
Real Accounts
Accounts that relate to assets, liabilities, and equity, which are not closed at the end of the accounting period and carry their balances into future periods.
Permanent Accounts
Accounts that carry their balances over into the next accounting period, such as assets, liabilities, and equity accounts.
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