Examlex
The study of the meaning of words is called _____.
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.
Financial Statements
Reports detailing a company's financial performance, position, and cash flows, including balance sheet, income statement, and statement of cash flows.
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