BASIC TENETS OF ACCOUNTING is four in number: 1. Assets = Liabilities + Owners Equity, 2. Debits = Credits, 3. Assets are on the left (debit side), and, 4. Liabilities and Equity are on the right (credit side).
OJT see ON-THE-JOB TRAINING.
EQUITY FUND is a mutual fund whose portfolio consists primarily of common stocks.
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