Examlex
Service of process is the process of obtaining information from an opposing party before trial.
Account
A record used to keep track of financial transactions within a specific category in accounting.
Credit Side
The right side of an accounting ledger where increases in liabilities, equity, and revenue accounts, or decreases in assets and expense accounts are recorded.
Normal Balance
The side (debit or credit) of an account that is typically increased. For assets and expenses, it's debit; for liabilities, equity, and income, it's credit.
Account
A record that keeps track of all financial transactions related to an asset, liability, equity, revenue, or expense.
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