Examlex
How do a baby's sleep patterns change over the first 18 months?
Debits
An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet or in an individual's bank account.
Assets
Resources owned or controlled by a person or company, expected to bring future economic benefits.
Credits
Accounting entries that increase liabilities or equity on the balance sheet, or decrease an asset or expense account on the income statement.
Dividends Accounts
Dividends Accounts represent the financial accounts used by a company to record the dividends paid out to shareholders, reflecting the distribution of earnings.
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