Solve the System $$\left\{ \begin{array} { l } - \frac { 1 } { 5 } x + y = 4 \\- 4 x + 20 y = 80\end{array} \right.$$

question 42

Essay

Solve the system. $$\left\{ \begin{array} { l } - \frac { 1 } { 5 } x + y = 4 \\- 4 x + 20 y = 80\end{array} \right.$$

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Definitions:

Balance Sheet Accounts

Represent the financial positions of assets, liabilities, and equity of a company at a specific point in time as recorded on the balance sheet.

Major Sections

Principal divisions or components within a document or framework, such as chapters in a book or sections within a financial report.

Contra Account

An account used in the general ledger to reduce the value of a related account when the two are netted together.

Balance Sheet Accounts

Accounts found on the balance sheet that include assets, liabilities, and shareholders' equity, reflecting the company's financial position at a specific point in time.