The English-Language Sentence, "The Orange Artichoke Flew Through the Elephant

question 25

True/False

The English-language sentence, "The orange artichoke flew through the elephant" is syntactically incorrect, but semantically meaningful.

---

Definitions:

Credits

Entries in the accounting system that represent an increase in liabilities or equity or a reduction in assets, commonly associated with income and receipts.

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts or funds obtained from special financing sources.

Normal Balance

The side of the accounting equation on which increases to an account are recorded, typically debit for assets and expenses, and credit for liabilities, equity, and revenue.

T Account

A graphical representation of a general ledger account that depicts how any changes to that account are reflected on the debit and credit side.