Examlex
As multiple outlines can lead to anxiety and confusion, speakers should only prepare one speaking outline.
Credit Side
The right side of an accounting ledger, used for recording increases in liabilities, equity, and revenue, and decreases in assets and expenses.
Debit Side
The left side of a ledger account that records increases in assets and expenses or decreases in liabilities and equity.
Debits
These are entries on the left side of accounting records, used to increase asset or expense accounts or decrease liabilities, equity, or revenue accounts.
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