Examlex
Which of the following statements about trees is NOT correct?
Debit Normal
Refers to accounts that are increased with a debit transaction and have a natural debit balance, such as assets, expenses, and losses.
Credit Normal
The usual terms or conditions under which credit is extended to customers, including payment due dates and interest rates.
Sales Slip
A document that records the details of a transaction made between a buyer and a seller.
Cash Register Tape
A paper roll or digital record used in cash registers to record transactions made during a business day.
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