Examlex
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Increases
Refers to the growth or rise in numbers, values, quantities, or activities.
Decreases
A reduction in size, quantity, or level of something.
Equity Accounts
Accounts that represent the owner's or shareholders' interest in a company, reflecting the residual assets of the company after liabilities are deducted.
Debits
An entry recorded on the left side of a double-entry bookkeeping system that increases asset or expense accounts, or decreases liability, equity, or income accounts.
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