Examlex
The earliest phase of smiling in the human infant is considered to be
Debit
An entry recorded on the left side of a bookkeeping ledger for a transaction that increases asset or expense accounts, or decreases liability, equity, or revenue accounts.
Sales Tax Payable
A liability account that records the amount of sales tax collected from customers, which is owed to the government.
Normal Balance
Represents the side (debit or credit) of an account that increases its value, based on the double-entry accounting system.
Debit
An accounting entry that increases an asset or expense account, or decreases a liability or equity account.
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