Examlex
Which of the following phenomena is shown in the figure below?
Retained Earnings
Retained earnings are the portion of a company's profits that is kept or retained rather than being paid out as dividends to shareholders, often reinvested in the business or used to pay off debt.
Notes Payable
A financial liability representing a written promise to pay a specific sum of money on a specified future date.
Accounts Payable
A liability account that tracks money owed by a business to suppliers or creditors for goods and services received.
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