Examlex
Which certification program has certifications that require the applicant to complete a written practical assignment that tests the applicant's ability to apply skills and knowledge.
Debit
An accounting entry that results in either an increase in assets or a decrease in liabilities or equity on a company's balance sheet.
Credit
An entry on the right side of a ledger account, representing an increase in liabilities or equity or a decrease in assets; in a broader sense, also refers to the provision of resources by a creditor to a borrower.
Compound Entry
A journal entry that involves three or more accounts.
Journal Entry
A journal entry is a record in the books of accounts that represents a business transaction, detailing the accounts affected and the amounts.
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