Examlex
What are the benefits of privatizing prisons? What are the potential drawbacks?
Equity
Equity represents an owner's share in the assets of a company, after all liabilities have been subtracted.
Accounts Receivable
The balance of money owed to a company by its customers for goods or services delivered or used but not yet paid for.
Credit
An entry recording an increase in assets or decrease in liabilities and equity on the company’s balance sheet, or the provision of goods or services in exchange for a promise of payment in the future.
Equity
The value of an ownership interest in property, including shareholders' equity in a company, represented by the assets minus liabilities.
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