Symptoms of a hiccup. Some of the signs and symptoms accompanying a hiccup caused due to a diaphragm spasm are listed below: Hiccups may occur as an audible squeak, chirp, or a âhicâ sound. If it is suppressed, then patients may elicit a quick inhaling sniff, sigh, or gasp.
Equity accounts, like liabilities accounts, have credit balances. This means that entries created on the left side (debit entries) of an equity T-account decrease the equity account balance while journal entries created on the right side (credit entries) increase the account balance.
On the balance sheet, Equity = Total Assets - Total Liabilities. The two most important equity items are: 1  Paid-in capital: the dollar amount shareholders/owners paid when the stock was first offered.  Retained earnings: the money (profit) the firm has elected to reinvest in the company.