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How would the trial balance column totals be affected if a $600 credit to Service Revenue was erroneously posted as a $600 debit to Salaries Expense?
Power Attorney
A legal document that authorizes one person to act on another's behalf in legal, financial, or healthcare decisions.
Agency Agreement
An agency agreement is a legal contract creating a fiduciary relationship whereby the first party ("the principal") agrees that the actions of a second party ("the agent") binds the principal to later agreements made by the agent.
Agents
Individuals or entities authorized to act on behalf of another person or entity in legal or business matters.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights.
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