ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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DEBIT RECORD Definition
DEBIT RECORD (DR) is an entry in a double-entry bookkeeping system recording an increase in an asset or an expense, or a decrease in liability, or owners equity item. Debit entries are conventionally made on the left-hand side of T accounts.
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CUT-OFF YIELD, in securities, is the yield at which or below which the bids are accepted.
FRANCHISE is a legal arrangement giving rights to sell a product or service.