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Three identical balls are tied by light strings to the same rod and rotate around it, as shown below. Rank the balls according to their rotational inertia, least to greatest.
Credit Column
The column in an accounting ledger where credit transactions are recorded, reflecting increases in liabilities, equity, or revenue, or decreases in assets or expenses.
Service Revenue
The income a company earns from providing services as opposed to selling physical goods, and it is recorded as it is earned in the accounting period.
Balance Sheet Columns
Sections in a balance sheet that categorize assets, liabilities, and shareholder's equity at a specific point in time.
Unearned Revenue
Money received by a company for goods or services not yet delivered or provided; often considered a liability.
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