Examlex
An organ that is part of the digestive system probably ____ something.
Assets
Resources owned by a company or individual that have economic value and can provide future benefits.
Liabilities
Liabilities refer to financial obligations or debts that a company owes, which are expected to be settled through the transfer of assets, provision of services, or other economic benefits.
Account
A record summarizing all the transactions pertaining to a single item in the accounting equation.
Debit And Credit Side
Terms used to describe the two sides of an accounting ledger; the debit side records increases in assets and expenses and decreases in liabilities and equity, while the credit side records increases in liabilities, equity, and revenues and decreases in assets and expenses.
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