Accounting has its own vocabulary and basic relationships. Match the accounting terms at the left with the corresponding definition or meaning at the right. Debit The cost of operating a business; a decrease in stockholders' equity Expense Assets Liabilities Net income Grouping of accounts Ledger Copying data from the journal to the ledger Posting Record of transactions Normal balance Revenues Expenses Payable Left side of an account Journal Always an asset Receivable Side of an account where increases are recorded Owners' equity Always a liability