Examlex
The ______________________was recently amended to enable civil (as well as criminal) action to more quickly and effectively stop unfair, deceptive, or otherwise anti- competitive behaviour.
Owner's Equity
Owner's equity represents the owner's claims to the assets of a business after all liabilities have been subtracted.
Consuming Services
Refers to the use of services by individuals or companies leading to their consumption or depletion over time.
Debits
Entries on the left side of an account ledger, indicating an increase in assets or expenses or a decrease in liabilities, equity, and revenue.
Credits
Accounting entries that increase liabilities or equity or that decrease assets, representing the opposite of debits.
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