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Item Branching Refers to

question 170

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Item branching refers to


Definitions:

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.

Capital

Financial assets or the resources that businesses use to fund their operations and growth, including cash, properties, and equipment.

Equipment Purchase

The acquisition of physical assets, such as machinery or tools, used in the operation of a business.

Down Payment

An initial upfront payment made when purchasing an item, especially real estate, which is part of the total purchase price.

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