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A T account is used to balance an accounting account. The left side is the debit and the right side is the credit. Assets- debiting increases and crediting decreases. Liability- crediting
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An accountant is someone who deals with money for a living. They organize and budget money for others, and decides important business decisions based on money.
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Accountability is a term used to describe how reliable someone is. It is a positive character trait that demonstrates someone's responsibility and professionalism. If someone is accountable
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Accounting is essential to any business, small or large. Through accounting, everything that impacts the organization financially is recorded and then used to produce financial reports
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