Examlex
Dr. Rivera is in the communication phase of the program evaluation process. She is evaluating the empirical support to determine what conclusions can be drawn from such data. This step is referred to as:
Decrease Side
The side of an accounting equation or ledger where decreases in assets, expenses, or dividends are recorded, often the credit side for assets and the debit side for liabilities and equity.
Asset Account
A category within the general ledger that reports the value of a company's assets such as cash, equipment, and property.
Liability Account
An accounting record that reports the amounts a company owes to creditors and other parties, often categorized as current or long-term.
Owner's Equity Account
Represents the total amount of capital the owner has in a business after liabilities have been subtracted from assets.
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