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What is the largest single group of food additives?
Debits and Credits
Fundamental elements of double-entry bookkeeping, where debits represent increases in assets or expenses and credits signify increases in liabilities, equity, or income.
Transaction
An agreement or exchange between two or more parties that is recorded and has a financial impact on the business.
T-Account
A graphical representation of a ledger account, showing two sides for debits and credits, used in accounting.
Ledger Account
A record that keeps track of all the financial transactions pertaining to a specific account, forming part of the general ledger.
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