Examlex
A distinctive pattern of behaviours, thoughts, motives, and emotions that characterizes a person over time is defined as ________, whereas habitual ways of behaving, thinking, and feeling are considered ________.
Profitable
A financial condition where income exceeds expenses resulting in a net gain.
Accounting Equation
The fundamental formula in accounting that states that assets equal liabilities plus equity.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, representing owners' claims on the business.
Assets
Resources owned by a business or individual that have economic value and can provide future benefits.
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