Examlex
The year 1776 is an important date in the history of management because it saw the birth of the world's first democratic republic.
Debit And Credit
A fundamental concept in accounting that describes the two sides of every financial transaction; debits increase assets or decrease liabilities, while credits decrease assets or increase liabilities.
Dr. And Cr.
Abbreviations for Debit (Dr.) and Credit (Cr.), fundamental concepts in accounting used to record business transactions in the ledger.
Increase And Decrease
Refers to the upward or downward movement in financial metrics, operational quantities, or statistical values.
Balance Of An Account
The amount of money currently in an account, reflecting all credits and debits made.
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