Examlex
Politicians would usually not like to implement public health initiatives with significant, negative economic impacts.
Posting
The process of recording financial transactions in the ledger of a company as part of the accounting cycle.
Trial Balance
A trial balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.
Debits
Accounting entries that can increase asset or expense accounts or decrease revenue, liability, or equity accounts.
Credits
In accounting, credits refer to a bookkeeping entry that increases a credit account or decreases a debit account on a company's balance sheet.
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