Examlex
_______________ is the basic principle that cause and effect are intertwined.
Statement of Changes
A financial statement delineating how and why specific equity accounts in a company's balance sheet changed over a period.
Net Assets
The total assets of a company minus its total liabilities, representing the owners' equity in the company.
Financial Statements
Formal records of the financial activities and position of a business, person, or other entity, typically comprising the balance sheet, income statement, and statement of cash flows.
Profit-Oriented Business
A business that operates with the primary goal of earning revenue in excess of its operating costs.
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