Assertion: general ledger's entry | /r/CapableOf | increase the assets of the company
Facets:
Source sentences:
text: The first entry to the general ledger would be a debit to Cash, increasing the assets of the company, and a credit to Equity, increasing Lucie’s ownership stake in the company.
text: If Lucie purchases some shelving units for $5,000 on the company credit card, the next entry to the general ledger would be a debit to Equipment for $5,000, increasing the assets of the company, and a credit to Credit Card