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Matching Match Each Item with a Statement Below

question 11

Multiple Choice

Matching
Match each item with a statement below.
- a small app or add-on that can be downloaded from a website along with a webpage and is executed by IE to enhance the webpage


Definitions:

Debits

Entries made on the left-hand side of an account record in double-entry bookkeeping, indicating increases in assets or expense accounts, or decreases in liabilities, equity, or revenue accounts.

Account Balance

The amount of money present in a financial account at any given moment, which can be positive (credits) or negative (debits).

Chart of Accounts

An organized list of all the accounts in a company's general ledger, used for recording and reporting financial transactions.

Journal

A detailed record where all financial transactions of a business are initially recorded before being transferred to accounts in the ledger.

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