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2. Debits and credits - Wikipedia

   en.wikipedia.org/wiki/Debits_and_credits

   Debit cards and credit cards are creative terms used by the banking industry to market and identify each card. [19] From the cardholder's point of view, a credit card account normally contains a credit balance, a debit card account normally contains a debit balance. A debit card is used to make a purchase with one's own money.

3. Accounting equation - Wikipedia

   en.wikipedia.org/wiki/Accounting_equation

   Since the balance sheet is founded on the principles of the accounting equation, this equation can also be said to be responsible for estimating the net worth of an entire company. The fundamental components of the accounting equation include the calculation of both company holdings and company debts; thus, it allows owners to gauge the total ...

4. Balance (accounting) - Wikipedia

   en.wikipedia.org/wiki/Balance_(accounting)

   In banking and accounting, the balance is the amount of money owed (or due) on an account. In bookkeeping, "balance" is the difference between the sum of debit entries and the sum of credit entries entered into an account during a financial period. [1] When total debits exceed the total credits, the account indicates a debit balance.

5. Debit Card vs. Credit Card: What’s the Difference? - AOL

   www.aol.com/debit-card-vs-credit-card-160010526.html

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6. Credit Card vs. Debit Card: Similarities and Differences ...

   www.aol.com/finance/credit-card-vs-debit-card...

   Debit and credit cards give you different protection against fraudulent purchases, separate types of rewards, and have different effects on your ability to borrow money in […]

7. How Accounts Payable Are Recorded on a Balance Sheet - AOL

   www.aol.com/finance/accounts-payable-recorded...

   For example, if you purchased a $500 tool with a credit from a vendor, you can include that tool as an asset in your balance sheet. In the liabilities section of your balance sheet, you can add ...