Examlex
________ are small files that browsers store on users' computers when they visit Web sites.
Asset Account
A financial account that tracks the value of assets owned by an individual, company, or entity.
Liability Account
A liability account records debts or obligations a company owes to others, appearing on the balance sheet.
Owner's Equity Account
An account on a company's balance sheet representing the owner's total interest in the business, after subtracting liabilities from assets.
Transaction
An agreement or communication carried out between two or more parties that results in the exchange of goods, services, or money.
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