Difference between revisions of "Asset-origin account"
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− | [[ | + | [[Asset-origin account]] (hereinafter, the ''Account'') is any [[financial account]] that is debited when this ''Account'' increases and is credited when it decreases. The ''Accounts'' include [[Assets]], [[Owner's Withdrawals]], and [[Expenses]], as well as [[adjusting account]]s for [[Liabilities]], [[Owner's Capital]], and [[Fiscal Revenue]]. |
Latest revision as of 02:15, 15 December 2018
Asset-origin account (hereinafter, the Account) is any financial account that is debited when this Account increases and is credited when it decreases. The Accounts include Assets, Owner's Withdrawals, and Expenses, as well as adjusting accounts for Liabilities, Owner's Capital, and Fiscal Revenue.