Examlex
On a TV game show,Jeannette is asked to name the state capital of Vermont.This information is most likely stored in ______.
Depreciation
Depreciation is the systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Retained Earnings
The portion of a company's profit that is held back and not distributed to shareholders, used for reinvestment or debt payment.
Dividend
A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.
Expense Matching
An accounting principle that states expenses should be recorded in the same period as the revenues they helped to generate, to accurately match income with expenses.
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