Examlex
The ________ method assumes that communication expenses are just a cost of business and do not promote sales and profit.
Journals
Recorded chronological entries that detail all the financial transactions of a business, used as the initial place of record.
Debit
An accounting entry that increases an asset or expense account, or decreases a liability or equity account.
Increase
An upward movement in quantity, value, or some measure of performance.
Revenues
Revenues refer to the income that a business generates from its normal business operations, typically from the sale of goods and services to customers.
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