Examlex
Sole proprietorships must use the same tax year as the proprietor of the business.
Accounts Receivable
The amount customers need to pay enterprises for products or services they have received but not settled financially.
Common Stock
Common stock represents ownership interests in a corporation, giving shareholders voting rights and a share in the company’s profits through dividends.
Common Stock
A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on part of its profits.
Journal Entry
A recording in the accounting ledger that notes all the financial transactions of a business.
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