Examlex
The debit part of the transaction is recorded first in the journal entry.
Percent Rate
a rate that describes a portion of a hundred in finance, often related to interest or growth rates.
Portion
A part or segment of the whole, often expressed as a fraction or percentage.
Accurate
Describes information, measurements, or results that are exact, precise, and free from errors or mistakes.
Cent
A monetary unit equal to one hundredth of a larger unit, such as a dollar or euro.
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