Examlex
Which statement best describes the concept known as the Great Chain of Being?
Landlord
An owner of property, such as land or buildings, who leases or rents it to another party, known as a tenant.
Journalize
The act of recording business transactions in the journal of an accounting system, marking the first step in the accounting cycle.
Normal Balance
The side (debit or credit) of an account that is typically increased; varies depending on the account type.
Debit
An accounting entry that increases an asset or expense account or decreases a liability or equity account.
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