Examlex
Transduction is defined as
Journal
A detailed record where all financial transactions of a business are initially recorded before being transferred to accounts in the ledger.
Accounts
Financial records that track transactions related to a specific asset, liability, equity, revenue, or expense category.
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.
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