Examlex
A person who screens out information because he or she is uncomfortable with the information or the information contradicts his or her belief is affected by stereotyping.
Debit Accounts
Accounts that are increased by debits and decreased by credits, commonly including assets and expenses.
Credit Accounts
Financial accounts that track money owed to creditors; they increase with credit entries and decrease with debit entries, reflecting the entity's borrowing of funds.
Accounting Equation
The fundamental equation of double-entry bookkeeping, stating that Assets = Liabilities + Equity.
Debit And Credit
A fundamental concept in accounting that describes the two sides of every financial transaction; debits increase assets or decrease liabilities, while credits decrease assets or increase liabilities.
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