Examlex
Match each statement with an item below.
-One in which the organization does not have confidence will not survive a real continuity operation.
Revenues
The total income generated from normal business operations and other activities, such as the sale of goods or services.
Credit
An accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is also used in banking to denote a positive balance.
Debits
Financial entries that represent an increase in assets or expenses or a decrease in liabilities, equity, or income on a company's balance sheet or income statement.
Credits
Entries in the accounting system that can decrease assets or increase liabilities and equity on a company’s balance sheet, reflecting the decrease in the company's resources or increase in claims against those resources.
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