Examlex
_____ is a knowledge base component of an expert system and enables an expert system to learn from experience and examine and extract relevant facts to determine the path to a solution.
Accounting Record
Documentation and books that record all financial transactions of a business, essential for preparing financial statements and tracking financial performance.
Double-Entry Accounting
A bookkeeping system that requires every financial transaction to be recorded in at least two accounts, ensuring the accounting equation is always balanced.
Debit
A financial record that leads to a rise in assets or a fall in liabilities in a corporation's balance sheet.
Credit
An accounting entry recording a decrease in assets or increase in liabilities and equity, or a transaction where goods or services are received with a promise of future payment.
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