Examlex
If 3 is subtracted from twice a number, the difference is three times the number. What is the number?
Account
Represents a specific financial record in bookkeeping that tracks the financial transactions of a particular aspect, such as expenses or revenues.
Asset
Resources owned by a company from which future economic benefits are expected to flow to the entity.
Recorded
The process of documenting financial transactions in accounting records.
Debit
A financial transaction that causes a rise in the assets or a fall in the liabilities of a corporation's balance sheet.
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