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According to the frustration-aggression theory of prejudice,
Debit Accounts
Accounts that are increased with a debit entry, indicating either an increase in assets or expenses or a decrease in liabilities, equity, or revenue.
Credit Accounts
Accounts that are increased by credits and decreased by debits, reflecting liabilities and shareholder equity.
Owner's Equity
The amount of assets in a company that belongs to the owners after deducting liabilities; also known as shareholders' equity.
Capital Account
An account on the balance sheet that represents the equity or ownership interest of owners in the business.
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