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Communications and weather satellites always appear at the same place in the sky, because these satellites are
Posting
the process of transferring journal entries to respective accounts in the ledger.
Ledger
A book or electronic record used to record all of a company's financial transactions in chronological order.
T-account
A graphical representation used in accounting to illustrate the effects of transactions on account balances, with debits on the left and credits on the right.
Credit
A financial term denoting the ability to obtain goods or services before payment, based on the trust that payment will be made in the future.
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