Examlex
A person writes and sends a worm virus to invade a computer, stealing its resources, and using networks to spread the worm.Explain whether or not it is illegal and/or unethical and why.
Debit
An accounting entry that increases an asset or expense account, or decreases a liability or equity account. It is positioned on the left side in accounting records.
Credit
Credit refers to the trust which allows one party to provide resources (money, goods, services) to another party wherein the second party does not reimburse the first party immediately but promises to return or repay those resources (with or without interest) at a later date.
Cash Account
An account that records all transactions involving the exchange of cash.
Debited
An accounting term that refers to an entry on the left side of an account ledger, representing an increase in assets or a decrease in liabilities or equity.
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