Examlex
A declarative sentence must have both a noun phrase and a verb phrase. Which type of rule is this an example of?
Normal Balance
The side (debit or credit) of an account that is increased. For example, assets increase on the debit side, while liabilities increase on the credit side.
Chronological Order
The arrangement of events, numbers, or actions in the sequence that they occurred or were performed.
Debit Normal
Refers to accounts that are increased with a debit transaction and have a natural debit balance, such as assets, expenses, and losses.
Credit Normal
The usual terms or conditions under which credit is extended to customers, including payment due dates and interest rates.
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