Examlex
The chart of accounts for a merchandising business would include an account called Delivery Expense.
Unlimited Life
A financial concept usually related to corporations, indicating that they can continue operating indefinitely unless dissolved by their owners or the law.
Stockholders
Individuals or entities that own one or more shares of stock in a corporation, making them part owners of the company.
Transfer
The act of moving assets, funds, or ownership rights from one entity to another.
Articles of Incorporation
Legal documents filed with a governmental body to legally document the creation of a corporation.
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