| A | B |
|---|
| chart of accounts | A list of accounts used by a business. |
| credit | An amount recorded on the right side of a T account. |
| debit | An amount recorded on the left side of a T account. |
| normal balance | The side of the account that is increased. |
| T account | An accounting device used to analyze transactions. |
| business ethics | The use of ethics in making business. |
| equities | Financial rights to the assets of a business. |
| ethics | The principles of right and wrong that guide an individual in making decisions. |
| proprietorship | A business owned by one person. |
| service business | A business that performs an activity for a fee. |
