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What is the ground-state electron configuration for the element chromium (Z = 24) ?
Liability
Economic responsibilities or liabilities an organization has to other parties, which require repayment over a period via the exchange of economic assets.
Equity
The value of an owner's interest in a property or business, calculated by subtracting liabilities from assets.
Debits
Entries on the left-hand side of an account that represent the increase in assets or expenses or a decrease in liabilities, equity, or income.
Credits
Accounting entries that increase liabilities or equity accounts, or decrease asset or expense accounts, recorded on the right side of a ledger.
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