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________ Refers to Evaluative Statements or Judgements Concerning Objects,people,or Events

question 93

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________ refers to evaluative statements or judgements concerning objects,people,or events.


Definitions:

Asset Accounts

Accounts that record the resources owned or controlled by a company that have future economic value.

Journal Entry

An accounting transaction recorded in a company's financial records, which includes a description, the accounts affected, and the amounts debited and credited.

Credited

Recognized or recorded as an increase in assets or a decrease in liabilities in accounting records.

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