Examlex
All of the following are true of color blindness,EXCEPT
Expenses
Costs incurred in the operation of a business to generate revenue.
Debit
An accounting entry that results in either an increase in assets or a decrease in liabilities on a company’s balance sheet.
Journalizing
The process of recording business transactions in the accounting journals as part of the bookkeeping process.
Transaction
An agreement or exchange between two parties that is recorded and has an economic impact on the finances of a business.
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