Complete the following sentences:

(a) A is a statement of the assets and sources of fmance of a business at a particular date.

(b) A is an individual record of transactions affecting one aspect of the business.

(c) An asset is represented in its own account by a ________ _

(d) Increases in the value of an asset require a entry in that account while decreases in value require a entry.

(e) ____ book-keeping is the name given to the system whereby the dual effects of each transaction are recorded in the ledger.

(f) A source of finance is represented in its own account by a ___ _ balance.

(g) Increases in the value of a source of fmance require a ____ _ entry in that account while decreases in value require a ____ _ entry.

LO.1