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Confucianism and Taoism share a cosmogony that
Generating Revenues
Generating revenues refers to the process through which a business earns money by selling goods or providing services.
Expenses
Outflows or other using up of assets or incurrences of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity’s ongoing major operations.
Increase Side
In accounting, it refers to the side of a ledger account (debit or credit) where increases are recorded, depending on the nature of the account.
Decrease Side
The side of an account that is used to record decreases in value, typically the left side for assets and expense accounts, and the right side for liability, equity, and revenue accounts.
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