Examlex
Intravenous injection of drugs such as heroin, cocaine, and methamphetamine can greatly increase risk of contracting illnesses such as obstructive pulmonary disease and diabetes.
Simple Journal Entry
A basic accounting entry used to record transactions with only one debit and one credit.
Debit
An accounting entry that increases asset or expense accounts or decreases liability, equity, or revenue accounts.
Credit
A financial arrangement where a borrower receives something of value now and agrees to repay the lender at a later date, generally with interest.
Double-entry System
An accounting system where every transaction is recorded in at least two accounts, with debits equaling credits, ensuring the accounting equation is always in balance.
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