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In the multilevel approach, the top level includes the ________ approach.
Debit Side
The debit side of an account records increases in assets or expenses and decreases in liabilities, equity, and income.
T Account
A visual representation of a general ledger account that helps in understanding the effects of transactions on each account.
Copyrights
Legal rights granted to creators for the protection of their original works, preventing unauthorized reproduction, distribution, or alteration.
Credit Side
The right side of an accounting ledger where credits are recorded, typically indicating an increase in liabilities or revenues or a decrease in assets or expenses.
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