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A grouped frequency distribution is used when
Service Revenue
The income earned by a company for the services it has provided to its customers.
Normal Starting Balance
Normal Starting Balance refers to the initial amount of money in an account at the beginning of a financial period.
Debit Postings
Entries made on the left side of an account, increasing the balance of assets and expenses or decreasing liabilities and equity.
Credit Postings
Entries made on the credit side of an account ledger, indicating an increase in liability, revenue, or equity accounts, or a decrease in asset or expense accounts.
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