Examlex
The use of magnetic anomalies in the seafloor allows scientists to document the movement of the continents in the Mesozoic and Cenozoic.
Stockholders' Equity
Represents the ownership interest of investors in a corporation, calculated as total assets minus total liabilities.
Normal Debit
An account entry that increases asset or expense accounts, or decreases liability, equity, or revenue accounts, reflecting in the left column of a double-entry accounting system.
Normal Credit
In accounting, it refers to the balance side (either credit or debit) that is expected for a particular type of account; for liability accounts, equity accounts, and revenue accounts, it is typically a credit balance.
Asset
Resources owned or controlled by a company expected to provide future economic benefits.
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