Examlex
The body's master control unit describes
Debits
Entries on the left side of a double-entry accounting system that increase assets or expenses or decrease liabilities, equity, and income.
Credits
In accounting, credits refer to the side of an account that decreases assets or increases liabilities and equity.
Working Capital
The amount of a company's current assets minus its current liabilities, indicating the short-term liquidity position of the company.
Current Liabilities
Obligations or debts that a company is expected to pay off within one year or within its operating cycle, whichever is longer.
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