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Beginning with a General Principle and Showing How Specific Incidences

question 46

Short Answer

Beginning with a general principle and showing how specific incidences relate to that principle._______


Definitions:

Investment Account

An account held at a financial institution which allows an individual to deposit funds and make investments in securities and other assets.

Debit/Credit

Fundamental aspects of all accounting transactions, where debits are entries on the left side, and credits are entries on the right side, used to record business transactions in the ledger.

Dividend

Money dispensed by a corporation to its owners/shareholders, generally from the company's earnings.

Investment Income

Income coming from interest payments, dividends, capital gains, and other profits made through an investment.

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