Conversely, a decrease to an asset account is a credit. A decrease to a liability or equity account is a debit. Debits and credits occur simultaneously in every financial transaction in double-entry bookkeeping.
Lipids important to the body What are lipids? Cholesterol is a type of lipid (fat). Lipids are substances that do not dissolve in water but are soluble in organic solvents such as chloroform or dry cleaning fluids. Other important types of lipid include triglycerides and fatty acids. Lipids have several important roles in the body, providing: 1  a source and store of energy. 2  an important part of the membrane surrounding every body cell. 3  the basic building blocks from which several hormones (chemical messengers) and bile acids (digestive juices) are made. 4  components of the nervous system.
Lipids, also known as fats, play many important roles in your body, from providing energy to producing hormones. You wouldn't be able to digest and absorb food properly without lipids. Of course, eating more fat than you need can lead to weight gain, but in proper amounts lipids are a healthy part of your diet.