Examlex
SmartArt is a container you can fill with text and graphics.
Normal Balances
Refers to the side of an account (debit or credit) where increases in the account are recorded.
Accounts
Financial records that track the transactions and balances for specific items such as assets, liabilities, equity, revenue, and expenses.
Debit
An accounting entry that results in either an increase in assets or a decrease in liabilities or equity on a company's balance sheet.
Credit
An accounting entry that increases a liability or equity account, or decreases an asset or expense account. It is also used in banking to denote the addition of funds to an account.
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