Examlex
The basic type of stock issued to owners is called common stock.
Total Assets
The aggregate of all resources owned by a company, valued in monetary terms, including both current and non-current assets.
Equipment
Tangible property used in the operations of a business, not intended for sale, with a useful life extending beyond a year.
Asset Account
An account that records the value of economic resources owned by an entity, which are expected to provide future benefits.
Cash Account
A cash account is a financial account that records cash transactions, including cash receipts and payments, managing the flow of liquid assets.
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