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Debits And Credits
Fundamental accounting principles that are used to record every financial transaction, where debits must equal credits in every transaction.
Account Type
A classification system used within accounting to differentiate between the various financial transactions, assets, liabilities, and owners' equity carried out or held by a business.
Increases
Refers to the growth or rise in numbers, values, quantities, or activities.
Decreases
A reduction in size, quantity, or level of something.
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