Examlex
Which of the following systems flowcharting symbol descriptions is incorrect?
Credit
An accounting entry that increases liabilities or equity or decreases an asset or expense account.
Acquisition Method
An accounting procedure for recording the purchase of one company by another, focusing on fair value assessments of acquired assets and liabilities.
Subsidiary Shares
Subsidiary shares are equity shares held by a parent company in a subsidiary company, giving it ownership interest.
Selling Price
The amount of money a buyer pays to purchase an item or service from a seller.
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