Examlex
Which of the following serves as the pacemaker in a normal heart?
Net Income
The remaining earnings of a corporation after deducting all operating costs and tax obligations from its revenue.
Dividends Declared
The action by a company's board of directors to distribute a specified amount of the company’s earnings to its shareholders.
Income Summary
An account to which the revenue and expense accounts are transferred at the end of a period to summarize the results of operations.
Year
A period of time consisting of 365 days (366 in a leap year), used as a basic unit of time for most calendar systems to measure durations and segment accounting periods.
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