Examlex
India seized most of Kashmir in 1948 because of its largely Hindu population.
Debit Side
The left side of a ledger account that records increases in assets and expenses or decreases in liabilities and equity.
Debits
These are entries on the left side of accounting records, used to increase asset or expense accounts or decrease liabilities, equity, or revenue accounts.
Credits
Accounting entries that increase liabilities or equity or decrease an asset or expense.
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