Examlex
Which of the following best characterizes high "voicers"?
Debit Side
The debit side refers to the left side of an accounting ledger where debits are recorded, often signifying an increase in assets or expense accounts, or a decrease in liability, equity, or revenue accounts.
Credit Side
The right side of an account ledger, where increases in liabilities, equity, and revenue or decreases in assets are recorded.
Asset Account
An account on a company's balance sheet that represents a resource with economic value that is expected to provide future benefit.
Supplies
Items or materials used in the daily operations of a business.
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