Examlex
Which are important variables to consider when examining the Content dimension:
Financial Statement
A proper journal that captures the flow of financial transactions and the economic positioning of an entity, whether a business, an individual, or another type.
Normal Balance
The side of an account (debit or credit) that increases its value; for example, assets and expenses have normal debit balances, while liabilities and revenues have credit balances.
Permanent/Temporary
Describes accounts or records in accounting that either carry their balances over across accounting periods (permanent) or are closed and zeroed out at the end of each period (temporary).
Account Category
A classification of accounts that organizes financial transactions within a ledger or financial statement.
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