Difference between revisions of "Equity-origin account"
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| − | [[ | + | [[Equity-origin account]] (hereinafter, the ''Account'') is any [[financial account]] that is debited when this ''Account'' decreases and is credited when it increases. The ''Accounts'' include [[Liabilities]], [[Owner's Capital]], and [[Fiscal Revenue]], as well as [[adjusting account]]s for [[Assets]], [[Owner's Withdrawals]], and [[Expenses]]. |
Latest revision as of 02:19, 15 December 2018
Equity-origin account (hereinafter, the Account) is any financial account that is debited when this Account decreases and is credited when it increases. The Accounts include Liabilities, Owner's Capital, and Fiscal Revenue, as well as adjusting accounts for Assets, Owner's Withdrawals, and Expenses.
