Examlex
Which of the following are DNS record types? (Choose three.)
Liabilities
Liabilities represent financial obligations or amounts owed by a business to creditors, which can include loans, accounts payable, mortgages, and other debts.
Accounting Equation
A fundamental principle of accounting reflecting that assets are equal to the sum of liabilities and shareholders' equity.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's transactions are mathematically correct.
Debit Column
The left-hand column in an accounting journal or ledger where debits are recorded, indicating an increase in assets or expenses or a decrease in liabilities, equity, or income.
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