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Total Assets
The sum of all current and non-current assets owned by a business, representing its value and operational capacity.
Increase
Increase signifies a rise in value or quantity of a variable or account in the context of finance and accounting.
Expense Account
An accounting ledger that tracks the outflow of economic resources or increase in liabilities, resulting in a decrease in equity.
Retained Earnings
The accumulated portion of net earnings not distributed to shareholders but reinvested in the business.
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