Examlex
The areas at the very front of the cortex:
Credit
An entry recording an increase in liabilities or equity, or a decrease in assets, reflecting the business transactions' effects on the accounts.
Merchandise
Goods that are bought and sold in the course of business, typically in a retail or wholesale environment.
Credit
An entry on the right side of an accounting ledger representing an increase in liabilities or income, or a decrease in assets or expenses.
Contra Accounts
Accounts used to offset or reduce the balance of another account, usually appearing on the balance sheet.
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