Examlex
Optical discs store items by using microscopic pits (flat areas) and lands (indentations) that are in the middle layer of the disc.
Revenue Accounts
Accounts that record the income generated by a company from its normal business operations or activities.
Liability Accounts
Accounts on the balance sheet that represent obligations or debts a company owes to others.
Accounting Equation
The foundation of double-entry bookkeeping, representing the relationship: Assets = Liabilities + Equity.
Debit-Credit Analysis
A fundamental accounting technique that balances debits and credits in financial transactions to maintain the equation of assets = liabilities + equity.
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