Under a double-entry system, show how the entry in each statement is entered in the ledger by using debit or credit to indicate the increase or decrease in the affected account. 
Definitions:
Mao Tse-tung
A Chinese communist revolutionary who became the founding father of the People's Republic of China in 1949, serving as its chairman until his death.
Chinese Economy
The economic system of the People's Republic of China, known for its rapid growth, manufacturing base, and significant role in global trade.
Per Capita GDP
The gross domestic product of a country divided by its population, reflecting the average economic output per person.
Less Developed Countries
Nations with lower living standards, undeveloped industrial bases, and low Human Development Index (HDI) relative to other countries.
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