Examlex
Which of the following is a similarity between an iron triangle and an issue network?
Journal Entry
A record of a business transaction in an accounting ledger that includes the accounts and amounts to be debited and credited.
Account Number
A unique identifier assigned to an account that enables transactions and tracking.
Debit
A transaction recorded in accounting that leads to a rise in a company's assets or a reduction in its liabilities on the balance sheet.
Credit
An accounting entry that increases liabilities or equity, or decreases an asset or expense account, on a company's balance sheet.
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