Examlex
Accessing data from the hard drive to send to the CPU is faster than accessing data from RAM.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure that total debits equal total credits.
Journal Entry
A record in the books of accounts that represents each business transaction, detailing the accounts and amounts to be debited and credited.
Debit
An entry recorded on the left side of an accounting ledger that increases an asset or expense account, or decreases equity, liability, or revenue accounts.
Credit
An accounting entry that either increases a liability or equity account, or decreases an asset or expense account.
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