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Solve the equation.
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Credit Side
The right side of a financial ledger, where increases in liabilities, equity, and revenue, and decreases in assets and expenses are recorded.
Chart Of Accounts
A numbering system of accounts that lists the account titles and account numbers to be used by a company.
Account Balance
The difference between the debits and credits recorded in an account, representing the net value at a point in time.
Compound Entry
In accounting, it refers to a journal entry that involves more than two accounts whereby multiple debits and/or credits are made.
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