Examlex
The burden of proving the soundness of mind of a testator falls on the proponent of the will.
Credits
An accounting entry that increases liabilities or equity or decreases assets on a company's balance sheet.
Debits
Debits are accounting entries that increase asset or expense accounts, or decrease liability, equity, or revenue accounts, typically noted on the left side of accounting ledgers.
Dividends Account
An account used to record the payment of dividends, which are distributions of a corporation's earnings to its shareholders.
Expense
Costs incurred in the process of earning revenue, typically including cost of goods sold, selling, general, and administrative expenses.
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