Examlex
Which of the following asks people to identify others to whom they turn for help most often, with whom they communicate regularly, and who gives them energy and motivation?
Credit
An accounting entry that increases a liability or equity account or decreases an asset or expense account, reflecting the opposite of a debit.
Basic Accounting Equation
Assets = Liabilities + Stockholders’ Equity.
Assets
Resources owned by a business or individual that have economic value and can be converted into cash.
Liabilities
Financial obligations owed by a business to others, such as loans, accounts payable, mortgages, deferred revenues, or bonds.
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