BALANCING Definition

BALANCING is, in general, getting two things to correspond. In accounting, it is have two totals matching, e.g. balancing within the balance sheet.

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INCREMENTAL COST is the increase or decrease in costs as a result of one more or one less unit of output.

MUNICIPAL BOND is the general category of securities issued by public entities. Interest income received by investors is usually exempt from federal income taxes.

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