Examlex
Which of the following is usually comprised of people who have research experience themselves and therefore have experience that enables them to judge whether the research being proposed follows reasonable ethical guidelines?
Debit
An accounting entry that increases asset or expense accounts, or decreases liability, equity, or revenue accounts.
Credit
An accounting entry on the right side of an account ledger, recording increases in liabilities, equity, and revenue, or decreases in assets and expenses.
Recording Process
The act of documenting financial transactions systematically in the books of accounts of a business.
Journal
An elaborate log that captures every financial transaction of an enterprise, initially entered prior to its transfer to the accounts within the general ledger.
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