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As a punishment for being late to a practice session the coach orders her star athlete to run up the stadium steps.The player's mass is 80 kg and it takes one minute for her to run up the 120 steps at a constant rate.If each step is of height 0.5 m,what is the power output of the player?
Real Account
An accounting record that represents assets, liabilities, and owner’s equity, and is not closed at the end of the accounting period but carried over to the next.
Nominal Account
An account related to income, expenses, losses, or gains—these accounts are closed out to the capital account at the end of an accounting period.
Income Summary
An account to which all income statement account balances are transferred at the end of an accounting period to show the period's profit or loss.
Debit Balance
A situation in accounting where the sum of debits in an account exceeds the sum of credits, often indicating the extent of assets or expenses.
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