Examlex
Choose two geographic career options to research.Provide as much relevant information as possible about the careers and the requisite skills needed for qualification (imagine you are creating a job posting for each career option).
Credit Side
The credit side of an account in double-entry bookkeeping is where decreases in assets or expenses or increases in liabilities, equity, and income are recorded.
Debit Side
The left side of an account or transaction, used to record increases in assets, expenses, and dividend accounts, and decreases in liability, equity, and revenue accounts.
Double-Entry Accounting
An accounting method where every financial transaction is recorded in at least two accounts: one with a debit and one with a credit.
Dual Effect
The principle in accounting that every transaction has a double impact on the financial statements, typically affecting at least two accounts.
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