Examlex
Pretend you are in tenth grade. Write a self-description of 75-100 words as a typical 16-year-old might write it.
Ledger
A comprehensive collection of a company's accounts, in which transactions are recorded from the journal and summarized, showing current balances.
Net Income
The net income of a business once all costs and taxes are subtracted from its revenues.
Transactions
Economic events that require recording in the financial statements because they affect assets, liabilities, or equity.
Common Stock
A type of equity security representing ownership in a corporation, entitling holders to vote on corporate matters and receive dividends.
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