Examlex
In Canada,what subsidiaries must be included in consolidated financial statements?
Debit Part
The left side of an accounting entry, which increases assets and expenses and decreases liabilities and equity.
Journal Entry
A recording of a business transaction in an accounting journal, indicating the financial effects of the transaction.
Posting Reference Column
A column in journals or ledgers used to record page numbers or account numbers, facilitating the tracking of transactions.
Ledger
A comprehensive collection of a company's financial accounts, where all transactions are recorded.
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