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When people forget,they are not only distorting information but may also be remembering events that never occurred.This is consistent with the idea of
Normal Balance
The side (debit or credit) of an account that is expected to have a higher balance based on the accounting equation; assets and expenses normally have a debit balance, while liabilities, equity, and revenue normally have a credit balance.
Withdrawals
Money taken out from a bank account, or the act of taking out funds or assets from a business by the owner for personal use.
Assets
Resources owned or controlled by a business, expected to bring future economic benefits.
Debits
In accounting, entries that increase asset or expense accounts, or decrease liability, equity, or revenue accounts.
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