TERMS AND DEFINITIONS |
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| Debit | The amount on the left side |
| Credit | The amount on the right side |
| Source document | A document that provides information about a business transaction |
| Two column general journal | A journal with two column amounts, one for debits and one for credits |
| Journalizing | The process of entering transactions in a journal |
| Chart of accounts | A listing of all the accounts used by a business |