Examlex
What is the name of fatty acid component II in the triglyceride shown?
Trial Balance
A bookkeeping report that lists the balances in each general ledger account at a specific point in time, used to check the accuracy of bookkeeping entries.
Debit Column
The side of an accounting ledger where increases in assets, expenses, and withdrawals are recorded.
Credit Column
is a section in financial statements or ledgers where increases in liability, equity, and revenue accounts or decreases in asset and expense accounts are recorded.
Drawing Account
An account that tracks amounts withdrawn from a business by its owners for personal use, which reduces the owner's equity.
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