Examlex
The first step in the personal selling process is the preapproach.
Correcting Entry
An entry made in accounting records to correct a previous error or adjust for discrepancies.
Journal Entry
A record in accounting that logs a transaction and shows the affected accounts in the form of debits and credits.
Debits
Accounting entries that increase assets or expenses and decrease liabilities, equity, or revenue, recorded on the left side of accounting ledgers.
Credits
Accounting entries that increase liabilities or decrease assets, or record income in double-entry bookkeeping.
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