The ____________________ Balance Is on the Side That Increases an Account

question 89

Short Answer

The ____________________ balance is on the side that increases an account.

---

Definitions:

Calendar Year

A one-year period that begins on January 1 and ends on December 31, used for general reporting and taxation purposes.

Jane's Capital

Jane's Capital refers to the amount of money or value of assets that Jane has invested in a business or enterprise.

Legal Practice

The profession and activities related to providing legal advice, representation, and services to clients.

Journal Entry

A record in accounting that notes a specific financial transaction in a company's general ledger.