Examlex
Write the meaning of the abbreviation on the line.
-ext ___________________________
Common Stock
Common stock represents units of ownership in a corporation, granting holders voting rights and a share in the company's profits, often through dividends.
Ending Balance
The amount in an account at the end of an accounting period after all debits and credits have been accounted for.
Asset (A)
Resources owned by a company that have economic value and can provide future benefits.
Liability (L)
Financial obligations, debts, or responsibilities the company owes to others, measurable in monetary terms.
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