Examlex
Why is Alexander Hamilton considered the most influential member of Washington's cabinet?
Owner's Equity
The residual interest in the assets of a company after deducting liabilities, representing the owner's claim on the business assets.
Net Income
The total earnings of a company after deducting all expenses and taxes from total revenue.
Drawings
Amounts withdrawn by the owner(s) of a business for personal use.
FASB
The Financial Accounting Standards Board (FASB) is a private organization that establishes financial accounting and reporting standards for companies and nonprofit organizations in the United States.
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