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Describe the structure of the external ear.
Trial Balance
A bookkeeping worksheet listing the balances in each ledger account, used to verify that the sum of debits equals the sum of credits.
Credit Side
The side of an accounting ledger where increases in liabilities, equity, and revenue, or decreases in assets and expenses are recorded.
Debit Side
The left side of an accounting ledger where debits are recorded, typically indicating increases in assets or expenses and decreases in liabilities or equity.
Left Side
In accounting, this refers to the debit side of a double-entry bookkeeping system, indicating increases in assets or expenses and decreases in liabilities or equity.
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