Examlex
An operational definition is:
Title
Title refers to the legal right to own or possess something, such as real estate or an automobile, proving ownership through documents or deeds.
Debit Side
The left side of an accounting ledger where debits are recorded, typically increasing assets or decreasing liabilities and equity.
Credit Side
The side of an accounting ledger where increases in liabilities, income, and equity are recorded, as well as decreases in assets.
Debit Balance
An accounting entry that shows a company owes money or has an asset; it appears on the left side of a ledger.
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