Examlex
All of the following are true of acute necrotizing ulcerative gingivitis (ANUG) except that it _______.
Debit
An accounting entry that increases asset or expense accounts, or decreases liability, equity, or revenue accounts.
Credit
Amount entered on the right side of an account.
Adjusting Entry
Journal entries made in accounting records at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.
Prepaid Expenses
Expenses paid in advance for goods or services to be received in the future.
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