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To describe critical thinking in nursing to a peer,which characteristics would the nurse mention?
Normal Balance
The expected debit or credit balance a particular account should hold under double-entry bookkeeping.
Financial Statement
A written record that conveys the business activities and financial performance of a company, including balance sheets and income statements.
Permanent/Temporary
Classification of accounts where permanent accounts refer to items on the balance sheet and temporary accounts to items that pertain to the income statement.
Normal Balance
The side (debit or credit) of an accounting entry where increases to the account are recorded, depending on the type of account.
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