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A credit is an accounting entry that increases either a liability or equity account. Or decreases an asset or expense account. It is positioned on the right in an accounting entry.
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Financial accounting is the field of accounting concerned with the summary, analysis and reporting of financial transactions pertaining to a business. This involves the preparation of financial statements available for public consumption.
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Economics is concerned with studying and influencing the economy. Politics is the theory and practice of influencing people through the exercise of power, e.g. governments, elections and political parties. In theory, economics could be non-political.
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Most computers use ASCII codes to represent text, which makes it possible to transfer data from one computer to another.
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In a secular nation, people have the freedom to choose, practice and propagate their religion. The country does not have any official religion and neither the government nor any private institution discriminates among the people on the basis of religion.
India is a secular nation as it has no state religion. The government neither encourages nor discourages any religion. People are free to choose and practice their religion. The Government of India treats people of all religions with equal respect.
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